Federal Reserve keeps interest rates unchanged at 3.75-4% as inflation keeps rising
Summary
The US Federal Reserve left its benchmark interest rate unchanged at 3.75-4 percent, following a rate hike in September. Al Jazeera reported that rates will stay at this level even as inflation continues to rise. Seeking Alpha reported that US stocks were slightly higher after the decision.
Timeline
Seeking Alpha
Source ↗Seeking Alpha reports that U.S. stocks were slightly higher after the Fed kept interest rates unchanged.
Hindustan Times
Source ↗Hindustan Times reports that the US Federal Reserve left its interest rate unchanged at 3.75-4 per cent, after a September hike.
Al Jazeera
Source ↗Al Jazeera reports that the Fed kept rates at 3.75-4 percent even as inflation in the US continues to rise.

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