Rates will remain 3.75-4 percent even as inflation continues to rise.
Fed leaves interest rates unchanged despite inflation in the US
Original reporting
Al Jazeera: read the full reportFollow this story
Earlier reports and follow-ups on the same developing story.
Related stories

Politics live: Chalmers calls social media a ‘business model for hate’; half of young Australians say US a ‘threat’
Follow the day’s news live Get our breaking news email , free app or daily news podcast Thanks for taking us through those updates Martin Farrer ! I’ll steer us through updates as we round off the last sitting day of the week. Australia’s immediate neighbours are trusted more than historic allies, according to a new survey AAP reports on, which shows the United States is increasingly considered a “threat”. Continue reading...

Death toll rises to 68 with dozens injured after high-speed train collision in Spain – latest updates
Pedro Sánchez says the government will act with urgency to ‘clarify what has happened, why this tragedy occurred’ Full report from Spain At least 30 people are believed to have died after two high-speed trains collided in the province of Toledo in Spain, with concerns the death toll could be much higher. The number of people affected is expected to rise ( 10:46 ) , local authorities said, with growing concerns about a “major tragedy” ( 11:03 ). The affected trains are understood to be Iryo 7076 with 146 passengers plus one baby on board, and AVE 2080 with 397 passengers on board, making it 544 people in total on board of both train ( 11:00 ). The incident comes less than a year after a similar crash in Adamuz, the province of Córdoba, which killed 46 and injured 152 in January this year ( 11:00 ). Spain’s high-speed railway network ranks as the largest in Europe and the second biggest in

Netanyahu's bloc leading Israel election but short of majority, partial results show
Prime Minister Benjamin Netanyahu's right-wing bloc was leading opposition rival Gadi Eisenkot. Arab parties had a strong showing, and a key question now is whether Eisenkot's bloc will consider forming a coalition with them.

Flávio Bolsonaro lands in Miami after defeat in Brazil's presidential election
Far-right senator and his family boarded private plane to Ecuador after crossing border to Argentina, Argentina’s government confirms The far-right senator Flávio Bolsonaro has reportedly fled Brazil and is on his way to the United States after losing Sunday’s presidential election to the leftwing incumbent, Luiz Inácio Lula da Silva, who called the act “shameful”. A report by the news website Metrópoles , citing people close to the politician’s family, said he was en route to the US. “The plane is in flight,” Metrópoles reported, without making clear where it had departed from. Continue reading...
UN votes to condemn embargo of Cuba despite US lobbying push
US points to increase in abstentions in General Assembly as evidence that push to isolate Cuba is slowly succeeding.

US ambassador suggests Trump could blame Canada if midterms don’t go his way
Pete Hoekstra, controversial US ambassador to Canada, has also accused Canadian officials of interfering in US elections The US ambassador Pete Hoekstra has suggested Canada could be blamed if Republicans perform poorly in next week’s midterm elections, the latest intervention from a controversial figure who has been accused of inflaming a bitter dispute that has angered and baffled residents of both countries. On Wednesday, CTV news reported that Hoekstra told business leaders at a closed door meeting that if a number of swing races – including Maine and Michigan – go to the Democrats, it could make things harder for Canada because Donald Trump might try to blame the loss on it. Continue reading...