US. Fed does not change interest rates days before crucial elections

The Federal Reserve decided to keep interest rates unchanged ahead of midterm elections, despite ongoing inflation concerns. The current rate remains between 3.75% and 4%. Economists note that while inflation pressures persist, employment and consumption show signs of moderation, reducing the urgency for further rate hikes. This decision comes amid political pressure from President Trump, who has previously criticized the Fed for its rate policies. The Fed's independence is emphasized, as it aims to avoid political entanglements. The European Central Bank is also expected to maintain its rates in its upcoming meeting.