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Federal Reserve keeps rates unchanged despite elevated inflation

Leila Ahmed
Leila Ahmed
Leila Ahmed
Reporter · Syracuse, NY

A graduate of the University at Buffalo, Leila has spent five years in journalism, previously working at a community-focused news outlet in Rochester, NY. She specializes in uncovering the diverse voices and cultural richness of Syracuse’s neighborhoods, bringing their stories to light.

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Reporter · Wednesday, October 28, 2026 at 6:36 PM · 1 min read
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Federal Reserve keeps rates unchanged despite elevated inflation — Syracuse Community news

Washington — The Federal Reserve kept its key rate unchanged Wednesday at about 3.9% despite stubbornly high inflation, while providing little hint about the central bank’s next moves.

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