AmericasDevelopingDay 2
US interest rates
US Federal Reserve holds interest rates steady with consumer inflation at 3.7 percent.
Updated 08:38 UTC, 30 October 2026 · 8 reports from 4 outlets · 2 confirmed · 22 one-source

Image: Financial Times
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Written by AI only from the receipts on this page; each number links to the claim that line rests on.
People, places & organisations
What changed
Last 48 hours, newest first (times UTC)
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New claim Bank of Japan holds rates
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Where it stands US Federal Reserve holds interest rates steady with consumer inflation at 3.7 percent.
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New claim Politics played no role in the decision
18 earlier changes
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New claim Fed to decide on potential rate rise
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New claim Fed holds rates
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New claim Fed holds fire on interest rates
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Story opened Fed holds interest rates unchanged.
What to watch
What is scheduled or expected next, from the ledger.
US midterm elections
Fed meeting
Two sides
The two media blocs whose accounts of this story differ most, side by side.
Where they part Mideast mentions US war on Iran, Europe does not.
Middle East state media
Al JazeeraState mediaTRT WorldState media
Middle East state media centres the US Federal Reserve's decision to hold interest rates steady, using terms like 'high inflation' and citing the 'US war on Iran' as a factor, while also mentioning the upcoming midterm elections and the Fed's long-term inflation target.
European media
Financial TimesPrivate
European media centres the US Federal Reserve's decision, foregrounding the 'tightening path' and 'intensifying inflation', and uses terms like 'holds fire' to describe the current state of interest rates.
How it’s being told
One card per media bloc. Each summary is written only from that bloc’s own headlines and quotes.
European media
Financial TimesPrivate
European media centres the US Federal Reserve's decision, foregrounding the 'tightening path' and 'intensifying inflation', and uses terms like 'holds fire' to describe the current state of interest rates.
Middle East state media
Al JazeeraState mediaTRT WorldState media
Middle East state media centres the US Federal Reserve's decision to hold interest rates steady, using terms like 'high inflation' and citing the 'US war on Iran' as a factor, while also mentioning the upcoming midterm elections and the Fed's long-term inflation target.
Asian media
South China Morning PostPrivate
Asian media centres the US Fed's decision, using terms like 'surging inflation' and foregrounds the Fed's dual mandate, it also mentions other advanced economies' struggles with high inflation, like Canada's rate hike.
In their words
What the people at the centre of this story said, word for word, with the article each quote appeared in.
I don’t think it’s going to stop because I think it’s in the nature of this administration to continue those attacks
In terms of the economics of it, I don’t totally understand the logic
Receipts
Every claim with the verbatim sentence it came from. Tap a claim to see its sources.
Confirmed 2
Reported by at least two independent outlets, or by the actor itself.
US consumer inflation came in at 3.7 per cent in September
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“The most recent Consumer Price Index (CPI) report showed the annual inflation rate increasing to 3.7 percent in September, up from 3.4 percent in August, with energy prices largely accounting for the monthly surge.”
Al JazeeraState mediaReportsFed leaves interest rates unchanged despite inflation in the US
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“US consumer inflation came in hotter than expected in September, clocking in at 3.7 per cent, edging back towards a three-year high established in May.”
South China Morning PostPrivateReportsUS Fed holds interest rates steady despite surging inflation
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“US consumer inflation came in hotter than expected in September, clocking in at 3.7 percent, edging back towards a three-year high established in May.”
TRT WorldState mediaReportsFed keeps interest rates steady despite 'high inflation' owing to US war on Iran
The US Federal Reserve held interest rates steady
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“The United States Federal Reserve is set to hold interest rates steady in its final monetary policy decision before the US midterm elections.”
Al JazeeraState mediaReportsFed leaves interest rates unchanged despite inflation in the US
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“The US Federal Reserve on Wednesday held interest rates steady, in line with market expectations, days ahead of crucial midterm elections where surging inflation has been a key issue.”
South China Morning PostPrivateReportsUS Fed holds interest rates steady despite surging inflation
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“The US Federal Reserve has held interest rates steady, in line with market expectations, days ahead of crucial midterm elections where surging inflation has been a key issue.”
TRT WorldState mediaReportsFed keeps interest rates steady despite 'high inflation' owing to US war on Iran
One source 22
Only one outlet so far. Shown, never hidden — treat with care.
Bank of Japan guides to further tightening
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“Bank of Japan holds rates and guides to further tightening”
Financial TimesPrivateReportsBank of Japan holds rates and guides to further tightening
Bank of Japan holds rates
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“Bank of Japan holds rates and guides to further tightening”
Financial TimesPrivateReportsBank of Japan holds rates and guides to further tightening
Fed holds fire on interest rates
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“Fed holds fire on interest rates despite intensifying inflation”
Financial TimesPrivateReportsFed holds fire on interest rates despite intensifying inflation
Current forecasts point to a quarter-point interest rate increase
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“Current forecasts point to a quarter-point interest rate increase.”
Al JazeeraState mediaReportsFed leaves interest rates unchanged despite inflation in the US
Interest rates in the United States should be 1% or less
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“At the time, he wrote on Truth Social that “interest rates in the United States should be 1% or less.””
Al JazeeraState mediaAttributesFed leaves interest rates unchanged despite inflation in the US
I don’t feel any urgency for taking further action at this point
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““I don’t feel any urgency for taking further action at this point,” she said at this month’s International Monetary Fund-World Bank meetings in Bangkok, Thailand.”
Al JazeeraState mediaAttributesFed leaves interest rates unchanged despite inflation in the US
Economic activity is expanding at a strong pace
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““Economic activity is expanding at a strong pace,” the Fed said in its press release announcing the decision on Wednesday.”
Al JazeeraState mediaReportsFed leaves interest rates unchanged despite inflation in the US
The Fed’s next monetary policy meeting is scheduled for December 8-9
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“The Fed’s next monetary policy meeting is scheduled for December 8-9, when it will give its final rate decision of the year.”
Al JazeeraState mediaReportsFed leaves interest rates unchanged despite inflation in the US
The central bank will maintain rates at 3.75-4 percent
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“The central bank will maintain rates at 3.75-4 percent, following a 10-2 vote, in line with expectations.”
Al JazeeraState mediaReportsFed leaves interest rates unchanged despite inflation in the US
The midterm elections will be held on November 3
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“The decision comes six days ahead of the November 3 midterm elections, in which the Democratic Party is seeking to wrest control of both houses of Congress from Trump's Republicans.”
TRT WorldState mediaReportsFed keeps interest rates steady despite 'high inflation' owing to US war on Iran
The US war on Iran was launched in late February
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“US war on Iran, launched in late February, has sent energy prices skyrocketing and fuelled domestic inflation, alongside his wide-ranging tariff policies.”
TRT WorldState mediaReportsFed keeps interest rates steady despite 'high inflation' owing to US war on Iran
The central bank has missed its long-term two-percent target for inflation for more than five years
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“The central bank has missed its long-term two-percent target for inflation for more than five years, with households and businesses battered by sustained price increases.”
TRT WorldState mediaReportsFed keeps interest rates steady despite 'high inflation' owing to US war on Iran
The 12-member Federal Open Market Committee voted 10-2 to hold rates at a target range between 3.75 to 4.00 percent
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“The 12-member Federal Open Market Committee voted 10-2 to hold rates at a target range between 3.75 to 4.00 percent, citing the need for more data in the fight against inflation, after having hiked for the first time in three years at its previous meeting in September.”
TRT WorldState mediaReportsFed keeps interest rates steady despite 'high inflation' owing to US war on Iran
Politics played no role in the decision
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“Politics played no role in the decision. I just spent two days with my colleagues upstairs. I didn't hear an utterance about politics.”
TRT WorldState mediaReportsFed keeps interest rates steady despite 'high inflation' owing to US war on Iran
Loretta Mester: "I don’t think it’s going to stop because I think it’s in the nature of this administration to continue those attacks"
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““I don’t think it’s going to stop because I think it’s in the nature of this administration to continue those attacks,” Mester said.”
South China Morning PostPrivateAttributesUS Fed holds interest rates steady despite surging inflation
Wendy Edelberg: "In terms of the economics of it, I don’t totally understand the logic"
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““In terms of the economics of it, I don’t totally understand the logic,” she said.”
South China Morning PostPrivateAttributesUS Fed holds interest rates steady despite surging inflation
Canada's central bank raised its key rate to 2.5 per cent
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“Other advanced economies have also been grappling with high inflation, and on Wednesday Canada’s central bank raised its key rate to 2.5 per cent, its first hike since July 2023.”
South China Morning PostPrivateReportsUS Fed holds interest rates steady despite surging inflation
The US unemployment rate has been stable around 4.2 per cent over the last year
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“The US unemployment rate has been largely stable around 4.2 per cent over the last year, with job growth mostly in positive territory – albeit driven by a few sectors.”
South China Morning PostPrivateReportsUS Fed holds interest rates steady despite surging inflation
The Fed has a dual mandate to maintain maximum employment and keep inflation to 2 per cent
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“The Fed has a dual mandate to maintain maximum employment while keeping inflation to its long-term target.”
South China Morning PostPrivateReportsUS Fed holds interest rates steady despite surging inflation
The Federal Open Market Committee voted 10-2 to hold rates
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“The 12-member Federal Open Market Committee voted 10-2 to hold rates at a target range between 3.75 to 4.00 per cent, citing the need for more data in the fight against inflation, after having hiked for the first time in three years at its previous meeting in September.”
South China Morning PostPrivateReportsUS Fed holds interest rates steady despite surging inflation
Fed holds rates
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“Fed holds rates as expected and upgrades view on economy”
Financial TimesPrivateReportsFed holds rates as expected and upgrades view on economy
Fed to decide on potential rate rise
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“Fed to decide on potential rate rise before US midterms”
Financial TimesPrivateReportsFed to decide on potential rate rise before US midterms
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Watch
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All sources
8 reports from 4 outlets — with who owns each outlet and who pays for it.
Financial Times Private
United KingdomOwner: Nikkei Inc.Paid by: subscriptions + advertising
Al Jazeera State media
QatarOwner: Al Jazeera Media NetworkPaid by: funded by the State of Qatar
South China Morning Post Private
Hong KongOwner: Alibaba Group (since 2016)Paid by: advertising + subscriptions
TRT World State media
TürkiyeOwner: Turkish Radio and Television Corporation (TRT)Paid by: Turkish state budget + advertising
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2 confirmed · 22 one-source4 outletsUpdated