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Federal Reserve likely to skip rate hike despite elevated inflation

Image: The Hindu. Rights remain with the publisher.

The Fed, led by Chairman Kevin Warsh, wants to return inflation to its 2% target, which it typically does by raising its short-term interest rate. Higher borrowing costs, over time, can cool spending and slow inflation

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Section
World
Topics
Economy & RBI
First reported by
The Hindu
Published
Wednesday, 28 October 2026, 11:02 am IST
Coverage
One outlet so far

How this page works. The Headline Update lists this report from The Hindu with a short summary and a link to the original. The original reporting and photograph belong to the publisher. Spotted an error in our summary? Tell our corrections desk.

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