Fed leaves benchmark rate unchanged; December hike could raise holiday borrowing costs

Key facts

• The Federal Reserve left its benchmark rate untouched, according to the report.
• A December hike could make holiday borrowing more costly, according to the report.
• The report gives no level for the benchmark rate and no size for a possible December move.

The Federal Reserve left its benchmark rate untouched, according to a report that did not date the decision. The same account said a December hike could make holiday borrowing more costly.

The report gave no level for the benchmark rate, no size for any December move and no date for the decision it described. It also did not name the officials involved or say how the decision was reached.