Dow Jones Top Markets Headlines at 5 PM ET: Fed Holds Rates Steady but Two Officials Sought Another Increase | U.S. ...

Fed Holds Rates Steady but Two Officials Sought Another Increase

The decision to keep rates on hold was widely expected but drew dissents from Fed governor Lisa Cook and Cleveland Fed President Beth Hammack.

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U.S. Stocks Up, Treasury Yields Mixed After Fed Hold

U.S. stocks rose slightly after the Federal Reserve held rates steady despite elevated inflation and left the door ajar to a rate hike in December.

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Bank of Canada Raises Policy Rate to 2.50% on Higher Inflation Outlook

Gov. Tiff Macklem said "there could be" more rate increases, although cautioned that officials must proceed cautiously due to heightened uncertainty.

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U.K. Budget Keeps Government on Track to Stay Within Rules

The U.K. government set out new plans for spending and taxation intended to keep it on track to narrow its budget deficit, but at a slower pace than previously hoped for.

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U.S. Warns Gulf of Possible Short, Intense Renewal of Iran War After Midterms

There are new signs that the American and Israeli militaries are preparing a potential wave of strikes to muscle Tehran to the negotiating table.

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U.S. Crude Oil Stockpiles Fall for Fourth Straight Week

Commercial crude oil stocks fell by 1.9 million barrels last week, while gasoline stocks rose and distillate stocks fell, the EIA said.

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Oil Prices Rise on Worries of Middle East Conflict Escalation

Oil prices rose on market concerns about possible U.S. military escalation against Iran after next week's midterm elections and renewed threats to Middle East energy supplies after Yemen's Houthi militants said they targeted Saudi Arabia's largest oil refinery.

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German Consumers Grow Slightly Gloomier on Lingering Inflation Concerns

The country's consumer-climate index fell to minus 30.8 in its forecast for November, from minus 30.6 in October.

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New Zealand Central Bank Surprises Markets With Rate Hold

The central bank's policy-setting board voted 4 to 3 to hold the rate, though it added that further hikes are still likely.

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Thai Central Bank Holds Rate Steady, Raises Growth Forecasts

Even with investment and exports performing well, growth remains below potential and consumption anemic.

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BOJ Rate Hold Seen as Done Deal, Putting Focus on Guidance

With markets virtually certain that the central bank will hold the policy rate at 1.25%, all eyes are on what clues Gov. Kazuo Ueda could give about the timing of the next rate hike.

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Australia's Inflation Continued to Accelerate in September

Australia's consumer inflation remained elevated in September, backing the case for the central bank to tighten policy further next week.

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AI Boom Drives a Jump in Lending, but Bankers Still Sound Cautious

Big and regional banks alike are riding a wave of AI lending.

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Trump Moves to Weaken Methane Emissions Rules for Oil and Gas

Small fossil-fuel producers have opposed regulations to curb releases of the potent greenhouse gas.

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Strike Vote by 250 Watchmen Puts Nation's Busiest Port Complex at Risk

A walkout could begin Sunday at the ports of Los Angeles and Long Beach, while retailers rush in final holiday goods.

(END) Dow Jones Newswires

October 28, 2026 17:15 ET (21:15 GMT)