Was October 28, 2026 the Fed raising rates?
Today's answer →
NOT YET
Not yet — the Fed decides today, and markets expect a hold, not a hike.
Why
- Fed funds target range is 3.75%-4.00%, after a September hike.
- CME FedWatch prices about a 90% chance of a hold today.
- Economists expect the next hike in December, not October.
checked 12:29 AM · 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, United States Federal Reserve Interest Rate Decision, Fed decision: What to expect from October rate-setting meeting