HUNTX
Federal Reserve holds rates at 3.75–4% in October
The Fed kept its policy range unchanged on 28 October 2026 as inflation remained elevated. Two members preferred a quarter-point increase.
The October policy decision
The Federal Reserve left its target range at 3.75–4% on 28 October 2026. The decision passed by a 10–2 vote. Lisa Cook and Beth Hammack preferred a quarter-point increase.
What the statement highlighted
The committee described strong economic activity and persistent inflation. It said additional information would inform the policy stance needed to bring inflation back to its 2% goal.
Context for market readers
This is a summary of the policy announcement. It does not report a measured currency or bond-market reaction, and the statement does not establish a guaranteed path for future rates. Read the original release for the committee’s full wording.