1st LD: U.S. Fed keeps interest rate unchanged at 3.5-3.75 pct

WASHINGTON, Jan. 28 (Xinhua) -- The U.S. Federal Reserve on Wednesday kept the target range for the federal funds interest rate unchanged at 3.5 percent to 3.75 percent at its first policy meeting of 2026.

The decision follows three consecutive rate cuts in the second half of 2025.

"Available indicators suggest that economic activity has been expanding at a solid pace. Job gains have remained low, and the