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Fed expected to hold rates at 3.75%-4.00% amid inflation and economic caution

Market News
28 Oct 2026, 18:15 WIB
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Neutral
Fed expected to hold rates at 3.75%-4.00% amid inflation and economic caution

The Federal Reserve is set to keep interest rates steady at 3.75%-4.00%, with markets giving over 90% odds of no change. Inflation remains elevated at 3.7%, driven by high oil prices near $100 a barrel, while job growth slows and unemployment is at 4.2%. Investors anticipate a possible rate hike in December, with the Fed signaling a cautious but hawkish stance. This decision impacts borrowing costs for consumers and influences markets, including volatile assets like Bitcoin, which trades around $80,700 amid shifting investor sentiment.

Bitcoin's market cap on Pluang stands at Rp29.527,8 trillion as of Oct 28, 2026, 22:31 WIB, with a 24-hour trading volume of Rp389,94 trillion. The price is Rp1.463.174.600, showing a modest 0.45% increase in the past day. Investor activity leans strongly toward buying, with 73% of orders on Pluang being buy orders and an average hold time of 112 days, indicating steady interest despite broader market uncertainties.

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