#Federal Reserve Chair Wash says politics did not influence interest rate decisions

About Federal Reserve Chair Wash says politics did not influence interest rate decisions

The Federal Reserve kept interest rates unchanged at 3.75%-4.00% on October 29, 2026. Chairman Walsh stated that inflation remains above the 2% target, decisions remain data-dependent, and no forward guidance will be given regarding December actions. CME FedWatch shows traders' bets on a December rate hike rose to 86%, up from 78% the previous day; Governor Cook unexpectedly voted to raise rates by 25 basis points, with the decision passing 10-2. Uncertainty over the policy path is causing the market to reassess liquidity trends, which may impact the performance of risk assets such as crypto assets.