The Fed’s October Meeting Starts Today. Here’s What You Need To Know

Investopedia Markets News (all except PF) · Oct 27, 2026

Federal Reserve Chair Kevin Warsh faces mounting pressure to raise interest rates as inflation accelerates.

Credit: Li Rui / Xinhua via Getty Images

Key Takeaways

Federal Reserve officials will likely hold interest rates steady Wednesday.

September inflation ran at 3.7%, nearly double the Fed’s target.

Analysts expect a December rate hike unless economic conditions shift unexpectedly.

Hotter inflation gives the Federal Reserve reason to raise interest rates again, analysts say, but officials will likely hold off at their meeting Wednesday and hike rates in December instead.

Fed officials have…