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Fed Interest Rate Decision, October 2026

The Federal Reserve held the federal funds rate at 3.75%–4.00% on October 28, 2026, as expected.

Decision3.75%–4.00%■ hold
Against expectedAs expectedexpected 3.75%–4.00%
Previous3.75%–4.00%federal funds rate
EUR/USD one hour later — candles not in yet
The result

What the Fed decided in October 2026

The move Hold Held at 3.75%–4.00%.
Against expected No surprise Economists expected: hold at 3.75%–4.00%. The decision was as expected.
Timing 2:00 PM EDT Wednesday, October 28, 2026; press conference at 2:30 PM EDT.
The vote

What visitors called before the Fed decision

Voting closed at the announcement. Votes are opinions, not a forecast. How votes are counted.

Your callThe vote · closed

What will the Fed do?

Closed at the decision.

The Fed held at 3.75%–4.00%.

Your callThe vote · closed

Which play happens on EUR/USD?

Closed at the decision.

What price did

EUR/USD after the Fed decision, minute by minute

One-minute candles, New York time. The box is the hour before the announcement. How we measure.

The candles for this decision are not in yet. The reaction is measured on one-minute candles from three hours before to five hours after the announcement, and they are added when the site's data is refreshed. The result above is final.

Across 14 measured Fed decisions since January 2025, the first spike closed back inside the hour-before range within 60 minutes in 10 (71%), and in 9 of those price then took the other side within four hours. In the other 4 the first move held. Median move in the first 15 minutes: 26 pips.

Questions

Fed October 2026 decision: questions

What time was the Fed interest rate decision on Oct 28, 2026?

It was announced at 2:00 PM EDT (6:00 PM London London, 3:00 AM Tokyo Tokyo), with the press conference at 2:30 PM EDT.

What did the Fed decide in October 2026?

Held at 3.75%–4.00% (previous 3.75%–4.00%). Economists expected: hold at 3.75%–4.00%, so the decision was as expected.

How did EUR/USD react to the Fed decision in October 2026?

The one-minute candles for this decision are not in yet, so the reaction has not been measured. Across 14 measured Fed decisions since January 2025, the first spike closed back inside the hour-before range within 60 minutes in 10 (71%), and in 9 of those price then took the other side within four hours. In the other 4 the first move held. Median move in the first 15 minutes: 26 pips.

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