The United States published its Fed Interest Rate Decision reading at 4, exactly in line with the market forecast of 4. The figure was also unchanged from the previous period, which stood at 4. The release was made at 18:00 GMT on 28 October 2026.
What the figure measures
The Fed Interest Rate Decision is the rate set by the Federal Reserve for its benchmark policy. A reading that matches forecast and previous period means that markets had largely expected no change. The federal funds rate was 3.88% in force from 26 October 2026, according to MacroHerald’s own measurement taken at 18:14 GMT on 28 October 2026.
Because the reading matched expectations, it did not move the comparison against the forecast in either direction. The figure was recorded as level with the previous period, so there was no change to report on that comparison.
Related: CBRT cuts policy rate to 36%, matching survey forecast · Bank of Canada Holds Rate at 2.5%, Up From 2.25%
Data: FRED — St. Louis Fed
