Floodlight

Analysis of major economic data and policy decisions

What was announced, what it means and how markets reacted. No forecasts of our own.

After major economic data releases and central bank, government or regulator decisions

Fed keeps its rate target at 3.75% to 4%; two voters prefer an increase

The Federal Open Market Committee voted 10-2 on Oct. 28 to leave the federal funds target range at 3-3/4 to 4 percent, per the Fed’s 2:00 p.m. ET statement.

Oct. 28, 2026 · 8 sources