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Fed holds rates steady at 3.75%-4%, two dissenters want hike amid persistent inflation.

Market News
28 Oct 2026, 21:03 WIB
Crypto Briefing
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Fed holds rates steady at 3.75%-4%, two dissenters want hike amid persistent inflation.

The Federal Reserve voted 10-2 to keep interest rates unchanged at 3.75% to 4%, balancing strong economic growth with ongoing inflation concerns. Two officials favored a 0.25% increase due to elevated inflation. The decision met market expectations, with attention now on a likely rate hike in December. The Fed highlighted stable job growth and strong economic activity but emphasized inflation remains above target, requiring further data to guide future moves.

The Federal Reserve's decision to hold interest rates steady at 3.75% to 4% provides context for this market snapshot. For readers following major cryptocurrencies on Pluang as of Oct 29, 2026 00:23 WIB: out of 50 priced assets, 30 rose and 19 fell. CAKE gained 2.76% to Rp38,106 with a buy-heavy order activity of 57%, contrasting with KSM which dropped 2.06% to Rp67,867 amid 87% sell orders. FTM also declined 2.05% to Rp11,382, with a longer typical hold time of 88 days compared to CAKE's 75 days.

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