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Business

Federal Reserve likely to skip rate hike despite elevated inflation as midterm elections loom

Katherine Langford
Katherine Langford
Katherine Langford
Editor-in-Chief · Edina, MN

Katherine oversees editorial operations across all six brands. Before joining The Meridan Group, she spent 14 years at the Minneapolis Star Tribune, where she led the metro desk through its digital transformation. She holds a Master's in Journalism from Northwestern's Medill School.

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Editor-in-Chief · Wednesday, October 28, 2026 at 10:39 AM · 1 min read
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Federal Reserve likely to skip rate hike despite elevated inflation as midterm elections loom — Ponte Vedra Beach Business news

The Federal Reserve board is meeting Wednesday to determine if its benchmark interest rate should be raised. Analysts say it's likely to remain the same.

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