Macro Finance
Fed Leaves Rates Unchanged, Cook and Hammack Dissent
Bloomberg Markets·October 28, 2026·1 min read
The Federal Open Market Committee voted 10-2 to hold the federal funds rate at 3.75%-4%, with Governor Lisa Cook and Cleveland Fed President Beth Hammack dissenting. The decision reflects a cautious approach amid mixed economic data. Markets now await signals on future policy moves, with the next meeting in December.
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