{"as_of":"2026-11-12T13:52:46.629Z","source_url":"https://www.federalreserve.gov/newsevents/pressreleases/monetary20261028a.htm","disclaimer":"Educational information from official sources, not financial advice","item":{"id":"fed-fomc-statement-20261028","source":"fed","source_name":"Federal Reserve","title":"Federal Reserve issues FOMC statement","excerpt":"The Committee decided to maintain the target range for the federal funds rate at 3-3/4 to 4 percent, in support of the Federal Reserve's dual mandate.","published_at":"2026-10-28T18:00:00.000Z","fetched_at":"2026-10-30T18:45:00.000Z","topics":["rates","market-moving"],"importance":3,"url":"https://rogueiq.com/econiq/fed/fomc-statement-october-28-2026/","source_url":"https://www.federalreserve.gov/newsevents/pressreleases/monetary20261028a.htm","source_feed":"https://www.federalreserve.gov/feeds/press_monetary.xml","ticker":null,"impact":"high","macroiq_step":{"key":"fed","label":"Fed","url":"/macroiq/#macroiq-fed"},"prior":null,"summary":["The Fed held the federal funds target range at 3-3/4 to 4 percent.","The vote was 10–2. Lisa D. Cook and Beth M. Hammack voted against. They preferred raising the target range by 1/4 percentage point.","Next release: Wed Dec 9, 2:00 PM ET"],"summary_source":"curated","next_release":{"title":"Fed rate decision","scheduled_at":"2026-12-09T19:00:00.000Z","when_et":"Wed Dec 9 · 2:00 PM ET","source_url":"https://www.federalreserve.gov/monetarypolicy/fomccalendars.htm"}},"breakdown":{"item_id":"fed-fomc-statement-20261028","engine":"deterministic-v2","numbers_verified":true,"generated_at":"2026-10-30T18:45:00.000Z","source_table_url":"https://www.federalreserve.gov/newsevents/pressreleases/monetary20261028a.htm","key_points":["The Committee decided to maintain the target range for the federal funds rate at 3-3/4 to 4 percent, in support of the Federal Reserve's dual mandate.","The Federal Open Market Committee approved the following statement for release by a 10 – 2 vote.","Voting against the monetary policy action were Lisa D. Cook and Beth M. Hammack, who preferred to raise the target range for the federal funds rate by 1/4 percentage point at this meeting.","Inflation remains elevated.","Job gains have kept pace with the workforce, and the unemployment rate has changed little."],"what_it_says":"The Committee decided to maintain the target range for the federal funds rate at 3-3/4 to 4 percent, in support of the Federal Reserve's dual mandate. The Federal Open Market Committee approved the following statement for release by a 10 – 2 vote. Voting against the monetary policy action were Lisa D. Cook and Beth M. Hammack, who preferred to raise the target range for the federal funds rate by 1/4 percentage point at this meeting. Inflation remains elevated. Job gains have kept pace with the workforce, and the unemployment rate has changed little.","whats_new_vs_last":"","caveats":[],"quoted_lines":[]}}