1 minEconomy
Federal Reserve Convenes FOMC Policy Meeting in Washington on October 28
The U.S. Federal Reserve is holding a meeting of the Federal Open Market Committee (FOMC) in Washington, where the question of interest rates will be decided.
The U.S. Federal Reserve is holding a meeting of the Federal Open Market Committee (FOMC) in Washington. The decisions made at this meeting concern interest rates and directly affect the cost of loans, the yield on savings, and the state of financial markets.
The meeting is scheduled for October 28, 2026, starting at 12:00 Coordinated Universal Time. The location is Washington. The event's status has been confirmed.
The FOMC is the main body of the Federal Reserve that determines the country's monetary policy. The Committee regularly assesses the state of the economy, inflation and employment levels, and on the basis of this data makes decisions on the parameters of interest rate policy. These decisions are subsequently reflected in borrowing costs for households and companies, as well as in the dynamics of the stock and currency markets.
Since interest rates are one of the key tools for influencing the economy, the outcomes of the meeting are traditionally studied closely by investors, banks, and business representatives. The consequences of an FOMC decision may appear in the short term, in market behavior, and in the longer term, in the cost of credit and the pace of economic growth.
8
