The Federal Open Market Committee voted 10–2 on October 28, 2026 to keep the federal funds rate target range at 3-3/4 to 4 percent, while continuing to maintain ample reserves in the banking system. The Fed said economic activity is expanding at a strong pace, with resilient domestic spending, strong productivity growth and robust capital investment, while inflation remains elevated and more information is needed to return it to the 2 percent goal. Lisa D. Cook and Beth M. Hammack dissented, preferring a 1/4 percentage point increase in the target range.
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Related tickers and likely impact
DXY
• NeutralRelevance: high
| Market | Currencies |
|---|---|
| Close on 10/27/2026 | 102.37 |
| Change that session | +0.35% |
QQQ
• NeutralInvesco QQQ Trust
Relevance: high
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/27/2026 | 721.23 |
| Change that session | +1.27% |
SPY
• NeutralSPDR S&P 500 ETF
Relevance: high
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/27/2026 | 769.72 |
| Change that session | +0.57% |
XAU/USD
• NeutralRelevance: high
| Market | Gold |
|---|---|
| Close on 10/27/2026 | 4,060.32 |
| Change that session | +1.07% |
BTC/USDT
• NeutralBitcoin
Relevance: medium
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Layer 1 |
| Market cap | $1.6T |
| Close on 10/27/2026 | 80,909.77 |
| Change that session | +0.95% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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