High importanceUSUSD · Central bank · 28 Oct 2026 · 14:00 ET · in 11 d 6 h

Federal Reserve interest rate decision

Wed 28 October · 14:00 ET · in 11 d 6 h. The central bank’s policy rate decision.

Forecast
4%
Previous
4%
Actual
Due 14:00 ET

Below 4%In line 4% to 4%Above 4%

▏Forecast 4%○ Previous 4%

The levelsMeasured from its last 8 prints

BelowBelow 4%USD down
EUR/USD up GBP/USD up USD/JPY down Gold up
In line4% to 4%Limited follow-through
AboveAbove 4%USD up
EUR/USD down GBP/USD down USD/JPY up Gold down

In line is the forecast ± how far this series usually lands from it (median miss 0%). Above or below that is a genuine surprise. USD up or down is the playbook’s mapping for this release; the pairs show how each quote moves when USD does. Arithmetic, not a forecast.

Its own historyLast 8 prints vs the forecast before each: 0 above · 8 in line · 0 below

3.71%3.79%3.88%3.96%4.04%Oct ’25Jan ’26Apr ’26Jul ’26Next (next)

— Forecast before the print● Actual▮ Next release: in-line range

Release history

ReleasedPeriodForecastActualPosition
16 Sep 2026—4%4%In line with forecast
29 Jul 2026—3.75%3.75%In line with forecast
17 Jun 2026—3.75%3.75%In line with forecast
29 Apr 2026—3.75%3.75%In line with forecast
18 Mar 2026—3.75%3.75%In line with forecast
28 Jan 2026—3.75%3.75%In line with forecast
10 Dec 2025—3.75%3.75%In line with forecast
29 Oct 2025—4%4%In line with forecast

What moved

After it prints: EUR/USD, GBP/USD, USD/JPY and Gold from the hour before to the hour after, from 1-hour bars.