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Macro● Neutral● Important

Fed Holds Rates Steady, but a December Hike Still Looks Likely

TradingGain NewsroomTradingGain Newsroom··28 Oct 2026, 18:00 UTC

The U.S. Federal Reserve kept interest rates unchanged, which was widely expected. Officials remain focused on inflation, which is still well above the 2% target, so a rate hike in December remains likely. Traders may watch this outlook closely, since higher rates can affect crypto and gold prices.

Why it matters

  • The Fed left rates unchanged, matching what markets expected.
  • Inflation remains well above the Fed's 2% target.
  • A December rate hike is still considered likely, which could weigh on risk assets.

What to watch next

Watch the Fed's December policy decision and the next inflation readings for signs of whether a rate hike will happen.

This brief is written by TradingGain from public reporting by CoinDesk.Read original ↗
Fed Holds Rates Steady, but a December Hike Still Looks Likely
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TradingGain News summarises public reports in our own words and always links to the original source. Market Data stories are generated automatically from public exchange data. Nothing on this page is financial advice; always do your own research and use a stop-loss.