Was October 27, 2026 the Fed raising rates?
Today's answer →
NO
No — today is only Day 1 of the October 27–28 FOMC meeting, and no rate decision is announced until tomorrow.
Why
- The Fed's rate decision is due Wednesday, October 28, 2026 at 2:00 PM ET.
- Current federal funds target range is 3.75%–4.00% after September's 25-basis-point hike.
- Next meeting with projections is December 8–9, 2026.
checked 11:23 PM · Fight Evil！ on X: "The Federal Reserve’s next Federal Open Market Committee (FOMC) meeting is scheduled for October 27–28, 2026, with the interest rate decision to be announced on October 28. Meeting Dates: Tuesday, October 27, through Wednesday, October 28, 2026. Interest Rate Decision Announcem… / X, Next Fed Rate Decision: October 28, 2026 21:00 Istanbul Time, FOMC Meeting Schedule 2026-27: Next Fed Meeting