INFERY
Published Oct 30, 2026, 1:00 PM ET · Updated 14 days ago · 1 source

Hold the rate. The Fed can’t pump oil.

The Hill
The Hill
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Original Report
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INFERY
Hold the rate. The Fed can’t pump oil.

The Federal Reserve opted to maintain interest rates between 3.75 percent and 4 percent during its recent meeting, a decision supported by analysis suggesting that recent inflation was primarily driven by energy costs rather than widespread economic pressure.