Fed Holds Rates As New Data Show Inflation Rebounds To 3.6% With GDP At 3.4%
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The Federal Reserve left its benchmark interest rate unchanged in a 3.75%-4% range at its policy meeting in Washington on Wednesday, October 28, even as fresh government data show inflation has re-accelerated to 3.6% and the economy grew at a strong 3.4% annual rate last quarter. NPR
