Fed Holds Rates Steady in 10-2 Decision, Citing Elevated Inflation
The Federal Reserve kept its benchmark rate at 3.75%-4% on Wednesday, with a 10-2 vote. It said inflation remains elevated.
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The Federal Reserve kept its benchmark rate at 3.75%-4% on Wednesday, with a 10-2 vote. It said inflation remains elevated.
BlackRock reported third-quarter 2026 revenue of $7.8 billion, up 19% year over year, and $205 billion in net inflows. Adjusted operating margin reached 47.8%, up 320 basis points year over year.
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