Federal Reserve issues FOMC statement

News cover: Federal Reserve issues FOMC statement (Federal Reserve Board)

Federal Reserve issues FOMC statement

Source: Federal Reserve Board · October 28, 2026

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POWER MOVES · OPINION

The Fed held its benchmark rate at 3¾ to 4 percent, and two members voted to raise it. If you are waiting on the Fed to make homeownership cheap, you are waiting on a promise nobody made. You cannot control the Fed. You can control your credit, your savings, and your documentation. Start there. — Eric Lawrence Frazier, MBA, Your Trusted Advisor in Business and Wealth

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