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Fed Leaves Rates Unchanged, Cook and Hammack Dissent

Bloomberg Markets Wednesday 28 October 2026, 18:19 UTC 1 min read
Key Points

The Federal Open Market Committee voted 10-2 to hold its benchmark federal funds rate in a range of 3.75% to 4%. Governor Lisa Cook and Cleveland Fed President Beth Hammack were the dissenting votes. Bloomberg's Michael McKee reports.

The Federal Open Market Committee voted 10-2 to hold its benchmark federal funds rate in a range of 3.75% to 4%. Governor Lisa Cook and Cleveland Fed President Beth Hammack were the dissenting votes. Bloomberg's Michael McKee reports. (Source: Bloomberg)
Fed (ORG) Cook (PERSON) Hammack Dissent (PERSON) The Federal Open Market Committee (ORG) Lisa Cook (PERSON) Cleveland Fed (ORG) Beth Hammack (PERSON) Bloomberg (ORG) Michael McKee (PERSON)
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