# U.S. Fed holds interest rates steady despite surging inflation — retained record

> Retained news record from news:india-hindu-business.

Canonical: https://highsignal.app/data/records/4a47070819fc7d13

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source: [news](https://highsignal.app/data/news) (news:india-hindu-business)  published 2026-10-28 18:38 ingested 2026-10-29 03:03

[original source ↗](https://www.thehindu.com/business/Economy/federal-reserve-likely-to-skip-rate-hike-despite-elevated-inflation/article71634402.ece)

## retained text



```
The 12-member FOMC voted 10-2 to hold rates at a target range between 3.75 and 4.00%, citing the need for more data in the fight against inflation
```



document fetched 2026-10-29 03:03 · canonical https://thehindu.com/business/Economy/federal-reserve-likely-to-skip-rate-hike-despite-elevated-inflation/article71634402.ece