The FOMC meets October 27–28, and the decision comes out Wednesday, October 28 at 2:00 pm ET. The federal funds target range is 3.75%–4.00%. Most forecasts, including previews from Chase and Raisin, expect a pause, but several officials still say inflation is too high, so another hike is possible. The target range in the official FOMC statement settles it. Resolves on the target range in the FOMC statement published on federalreserve.gov on October 28, 2026.
See what others are saying about this prediction
The FOMC meets October 27–28, and the decision comes out Wednesday, October 28 at 2:00 pm ET. The federal funds target range is 3.75%–4.00%. Most forecasts, including previews from Chase and Raisin, expect a pause, but several officials still say inflation is too high, so another hike is possible. The target range in the official FOMC statement settles it. Resolves on the target range in the FOMC statement published on federalreserve.gov on October 28, 2026.
See what others are saying about this prediction