Center · Read · October 28, 2026
Oct 28 · The Federal Reserve holds interest rates steady six days before the midterms, with Lisa Cook and Beth Hammack dissenting in favor of a hike
CNBC: Fed holds rates steady despite concerns over inflation
Grade B (82/100). CNBC reports the 3.75%-4% range, the statement's wording on inflation, Cook's first dissent and the fight over her removal, and which officials joined or left the hawks.
B: Uses an unnamed source or unsourced number.
- Relies on an unnamed source or a number with no source (minus 18 points): says 'some observers have speculated that officials won't want to raise rates this close to an election' (unnamed observers, ¶8)
Splits: CNBC reports the 3.75%-4% range, the statement's wording on inflation, Cook's first dissent and the fight over her removal, and which officials joined or left the hawks.
Same story: NBC News, Fox Business
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