Fed expected to hold interest rates steady but a hike is anticipated by year's end

NPR | By Scott Horsley,

A Martínez

Published October 28, 2026 at 2:45 AM MDT

Facebook
Twitter
LinkedIn
Email
Flipboard

The Federal Reserve is expected to hold its benchmark interest rate steady Wednesday. But investors think a rate hike in December is likely, as the central bank tries to tamp down inflation.

Facebook
Twitter
LinkedIn
Email
Flipboard

Scott Horsley

Scott Horsley is NPR's Chief Economics Correspondent.

See stories by Scott Horsley

A Martínez

A Martínez is one of the hosts of Morning Edition and Up First.