Federal Reserve meets October 27–28; no decision announced yet
The target range has been 3.75%–4% since September’s increase.
October 27–28 meeting; no decision announced when this edition was prepared.
The Federal Reserve holds its monetary policy meeting on October 27–28, according to its calendar. No decision from this meeting had been released when this edition was prepared. [1]
The starting point
On September 16, the committee raised the federal funds target range by 0.25 percentage point to 3.75%–4%. All twelve voting members approved the decision. [2]
An expectation, not an outcome
AP reports that most economists expect rates to remain unchanged Wednesday. That expectation is not a committee decision. [3]
The assessment to watch
In its September statement, the Fed described inflation as still elevated and reaffirmed its 2% goal. Its next statement will provide its updated assessment. [2]
Perspectives compared
Sources and documents
- [1] Federal Reserve — FOMC calendar ↗2026 calendar checked October 27
- [2] Federal Reserve — FOMC decision ↗September 16, 2026
- [3] Associated Press — Christopher Rugaber ↗October 26, 2026, 11:57 p.m. Eastern