Economy
Fed Holds Rates at October Meeting, All Eyes Turn to December
via CNBC
The Federal Reserve left its benchmark rate unchanged at 3.75%–4.00% at its October 27–28 meeting, in line with the expectations of roughly 94% of market participants. With inflation still running at 3.7%, most economists expect another hike when the Fed meets in December.
Why it matters
Every Fed rate move shifts what households pay on mortgages, credit cards, and car loans, so December 2026 is now the key date to watch for borrowing costs.


