Mario Nawfal: Fed keeps rates at 3.75%–4.00% ahead of U.S. midterms

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28.10.2026

Mario Nawfal: Fed keeps rates at 3.75%–4.00% ahead of U.S. midterms — Fed holds rates as U.S. midterms near

The Federal Reserve has kept its benchmark interest rates unchanged at 3.75%–4.00%, just days before Americans are set to vote in midterm elections that could alter U.S. President Donald Trump's control of Congress.

Mario Nawfal noted that the agency also warned inflation remains elevated, despite a stronger economic backdrop.

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Mario Nawfal previously reported that a California fashion executive lost over $100 million in risky financial bets before being found dead with his wife in one widely followed case. He also noted that economists now do not expect China to surpass the U.S. as the world's largest economy soon, reversing earlier predictions in a recent outlook. Both developments follow ongoing attention to global market risks and economic forecasts.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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