The Fed’s meeting day is here, and no rate decision is posted

The Federal Reserve’s meeting week has reached its first day, and the committee has not published a decision. On the 2026 FOMC calendar, the Oct. 27–28 row still has no link for a statement, a press conference or minutes. December’s meeting, on Dec. 8–9, carries the asterisk the Fed uses for a meeting tied to a Summary of Economic Projections. The October dates do not.

The Board’s October calendar lists the same two-day meeting, with the policy entry at 2:00 p.m. on the 28th and a press conference at 2:30 p.m. that day. The times are the schedule. They are not a preview of the vote.

A separate notice, dated Oct. 21, says a pre-scheduled closed meeting of the Board of Governors is anticipated at 9:30 a.m. on Tuesday, Oct. 27. The only matter listed is “Discussion of Monetary Policy Issues.” The notice says the session is closed to public observation under the Board’s sunshine rule, at the Board’s offices at 20th and C Streets, N.W., in Washington, and by audio and video conference. It says a final announcement of what was considered will be posted after the meeting. As of this article, that follow-up announcement is not the document linked above. The notice does not say where the federal funds rate will be set.

The rate range still in force is the one from Sept. 16. In a statement approved 12–0, the committee said it had raised the target range by a quarter of a percentage point, to 3-3/4 to 4 percent, “in support of the Federal Reserve’s dual mandate,” and that it is continuing a policy of ample reserves, according to the FOMC statement. The committee said inflation remains elevated and that the September action would support a timelier return to its 2 percent goal.

Nothing on these pages is a decision for Oct. 28. This article does not say whether the committee should hold, raise or cut the range, and it does not say where bond prices should trade.