Read · October 28, 2026
The Federal Reserve holds interest rates steady six days before the midterms, with Lisa Cook and Beth Hammack dissenting in favor of a hike
- From the LeftNBC News: Federal Reserve leaves interest rates unchanged despite rising inflation
NBC reports the hold, September's 3.7% inflation rate, Chairman Kevin Warsh's change to the meeting schedule, the two dissents and an NBC News poll on the cost of living.
Grade: B (82/100). Uses an unnamed source or unsourced number.
- CenterCNBC: Fed holds rates steady despite concerns over inflation
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.
Grade: B (82/100). Uses an unnamed source or unsourced number.
- From the RightFox Business: Federal Reserve makes interest rate decision ahead of midterms
Fox Business reports the 10-2 vote, the FOMC statement, Warsh's remarks on inflation and the meeting schedule, and his answer that 'politics played no role in the decision.'
Grade: B (82/100). Leaves out key context.
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