U.S. Federal Reserve keeps interest rates unchanged

The U.S. Federal Reserve decided to keep interest rates unchanged between 3.75% and 4%, following a two-day meeting. This decision was not unanimous, as two members voted for a 0.25 percentage point increase. The Fed noted strong economic activity and resilient domestic consumption, despite ongoing geopolitical uncertainties. While productivity growth and capital investment remain robust, inflation continues to be high. The Fed emphasized its commitment to price stability and indicated that future information will guide monetary policy decisions. This announcement comes just days before the midterm elections, which are crucial for President Donald Trump.