Fed holds rates at 3.75%–4.00% in split October FOMC vote

The Federal Reserve left its benchmark federal funds target range unchanged at 3.75% to 4.00% on Oct. 28, 2026, a decision that drew two dissents and highlighted a difference inside the Federal Open Market Committee over whether policy should tighten further. In its Oct. 28 statement, released at 2:00 p.m. EDT, the Fed said economic activity has expanded at a strong pace. It described domestic spending as resilient, productivity growth as strong and capital investment as robust, while noting that job gains have kept pace with the workforce and unemployment has changed little.

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Source: Blockchain.News