Fed Holds Rates as Warsh Weighs Inflation, AI and December Hike Odds 10/28/26

October 28, 2026; 2pm: CNBC panelists and Fed Chair Kevin Warsh break down the FOMC’s decision to hold rates at 3.75% to 4%, citing elevated inflation, resilient growth, and the need to accumulate more information. The key takeaway: politics did not factor into the hold, while AI-driven investment, oil prices, financial conditions, and inflation credibility remain central to the Fed’s next move.