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What's up today · by Sebastián Rojas · 2026-10-28

Fed expected to hold rates today, last move before the midterms

cnn.com

FOMC wraps up today and pretty much everyone expects a hold. Interesting part is the timing, this is the final decision before the midterms so every word in the presser will be read politically. Do you think a hold is the right call with inflation where it is, or are they just avoiding headlines?

27 sparks · 3 comments

Comments

Aoife Murphy · 9 likes

a hold is fully priced in, the only thing that moves markets today is the dot plot and whatever Powell successor says about december

Aoife Murphy · 1 likes

yeah watch the 2y yield not the headline

Omar Hassan · 0 likes

me refreshing my mortgage rate app every 5 minutes like it owes me money