#The October FOMC interest rate decision is about to be announced

About The October FOMC interest rate decision is about to be announced

The Federal Reserve will announce the October interest rate decision at 2:00 AM Beijing time on October 29, with the Chair's press conference held at 2:30 AM. The market generally expects rates to remain unchanged; this meeting will not release a new economic forecast, so the market will focus on the statement and the press conference's remarks on inflation and the December rate path. At 8:30 PM Beijing time on October 29, the preliminary Q3 GDP and September PCE data will be released simultaneously, which may further influence year-end rate expectations.