Onpode
Fed held rates steady but signaled December hike is coming — markets are pricing it in
9:33
At its October 28–30, 2026 meeting, the Federal Open Market Committee voted 10–2 to hold the federal funds target rate unchanged at 3.75%–4.00%, following September's quarter-point increase. The two dissenters — Federal Reserve Governor Lisa Cook and Cleveland Fed President Beth Hammack — both preferred an immediate 25-basis-point hike.