The Fed maintains interest rates unchanged; markets focus on Walsh's press conference
2026-10-29 03:21:41
According to CoinMeta, the Federal Reserve maintained its interest rates as expected, with a vote of 10 to 2. Among them, Fed governors Powell and Harker voted against, advocating for a 25-basis-point interest rate hike. Harker had previously supported tighter policies and advocated for small adjustments to avoid larger and potentially more destructive rate hikes in the future. Powell's vote against was her first since taking office on the Policy Making Committee over four years ago. Fed Chairman Powell will discuss this decision at a press conference, and investors will be watching how this decision is coordinated with his inflation commitments from this summer, especially given strong price data and the potential resumption of the Iran war.
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Source:Jin10 Data
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