Get App
Download App Scanner
Scan to Download
Advertisement
LIVE UPDATES

US Fed Meeting Live: Hike Or Hold? Wall Street Awaits Warsh's Final Rate Decision Ahead Of Midterm Elections

US Fed Meeting Live Updates: Track the Fed's rate decision, Kevin Warsh's comments and the impact on the US dollar, Wall Street and global markets.

US Fed Meeting Live: Hike Or Hold? Wall Street Awaits Warsh's Final Rate Decision Ahead Of Midterm Elections
12 minutes ago

US Fed Meeting Live Updates: Welcome to our live coverage of the US Federal Reserve's October policy decision, with markets widely expecting interest rates to remain unchanged at 3.75%-4.00%.

Rising energy costs, fuelled in part by the US war with Iran, are adding to inflationary pressures, with consumer inflation climbing to 3.7% in September and producer prices also moving higher. Markets are pricing in a roughly 90% chance of a rate hold, according to CME Group's FedWatch tool. The decision is due at 2 p.m. EDT (11:30 p.m. IST), following a two-day meeting, just days before the November 3 elections. US President Donald Trump has criticised the Fed over its reluctance to cut rates, while Fed Chair Kevin Warsh has refrained from offering clear guidance on the central bank's next move. Follow our live blog to track the Fed's rate decision, Kevin Warsh's comments and the impact on the US dollar, Wall Street and global markets.

US Fed Meeting Live Updates: Where To Watch Kevin Warsh's Speech

The press conference will be streamed live on the social media handles of the Federal Reserve on platforms such as X and YouTube.

NDTV Profit will also stream the FOMC press conference on its YouTube channel.

US Fed Meeting Live Updates: When Will The Decision Be Announced?

The Federal Reserve will announce its interest rate decision at 2:00 p.m. Eastern Time (11:30 p.m. IST) today, Wednesday, Oct. 28. Fed Chair Kevin Warsh will then hold his post-meeting press conference half an hour later at 2:30 p.m. ET (12:00 a.m. IST on Thursday, Oct. 29) to detail the central bank's policy stance and answer questions from the press.

US Fed Meeting Live Updates: Oil Shock & Sticky Inflation Squeeze Economic Outlook

Persistent price pressures continue to complicate the economic picture. September’s Consumer Price Index (CPI) rose to 3.7% annually, while rising energy costs linked to ongoing military conflict with Iran pushed up wholesale prices via the Producer Price Index (PPI). Brent crude surged to a five-month high late last week before easing slightly, leaving markets concerned about sticky energy-driven inflation.

US Fed Meeting Live Updates: Hike Or Hold? Wall Street Awaits Warsh's Final Rate Decision Ahead Of Midterm Elections

The Federal Reserve’s Federal Open Market Committee (FOMC) is set to wrap up its two-day policy meeting today, Wednesday, Oct. 28, culminating in a high-stakes interest rate decision and a post-meeting press conference by Fed Chair Kevin Warsh.

Markets are widely anticipating a pause, with benchmark rates expected to hold steady in the 3.75%–4.00% range as officials continue to evaluate persistent inflation data.

Financial markets have priced in less than a 10% chance of a rate hike today, according to CME Group data, leaving traders laser-focused on Chair Warsh’s commentary for clues regarding the Fed's next moves later this year.

Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.

Newsletters

Update Email
to get newsletters straight to your inbox
⚠️ Add your Email ID to receive Newsletters
Note: You will be signed up automatically after adding email

News for You

Set as Trusted Source
on Google Search
Add NDTV Profit As Google Preferred Source
Listen to the latest songs, only on JioSaavn.com