Macro2:23 PM ET

Fed upgrades economic assessment to 'strong' pace, holds rates steady

By BORSA NewsroomPublished Oct 28, 2026, 2:23 PM EDTUpdated Oct 28, 2026, 2:23 PM EDT

The Fed left rates unchanged but upgraded its economic language from 'solid' to 'strong.' Oxford Economics expects two more 25bp hikes in December and March 2027 to a terminal rate of 4.25-4.5%.

Sentimentbearish 30

Bearish · 30 of 100

Impact60

medium · sector-wide

Confidence80%

high confidence · single wire

Eventdeveloping

v1 · alerted to followers

WHAT WE KNOW

Fed left rates unchanged at October meeting
Economic assessment upgraded from 'solid' to 'strong'
Oxford Economics expects two 25bp hikes in December and March 2027