Description
The FOMC monetary policy announcement on October 28 had some serious takeaways for investors and traders alike.
The benchmark interest rate remained unchanged at 3.75 to 4%.
Moreover, Kevin Warsh, the Fed Chairman, has stated that the accumulation of more information will determine the appropriate stance for the coming month.
Consequently, the U.S. Dollar eased in the wake of the policy and metals, too, recovered marginally.
However, there is still a healthy chance of further rate hikes in December 2026.
What is your take on the FOMC meeting and the chance of further hikes? Share it in the comments below.
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