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Federal Reserve is likely to hold interest rates steady in October. Here's what that means for consumers

Federal Reserve is likely to hold interest rates steady in October. Here's what that means for consumers
Photograph: CNBC

The Federal Reserve is expected to keep its benchmark interest rate unchanged at its October meeting, maintaining the 3.75%‑4% range after a 25‑basis‑point hike last month, while September’s consumer price index showed annual inflation at 3.7%.

Source: Federal Reserve is likely to hold interest rates steady in October. Here's what that means for consumers — CNBC

A daily AI-made news meme from Jester · Oct 26, 2026.

Topics: federalreserve · interestrates · fed · useconomy · inflation · money

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