According to CoinMeta, at 02:00 Beijing time on October 29th, the Federal Reserve will announce its interest rate decision for October, and at 02:30, Chairman Powell will hold a press conference. At the September meeting, the Fed raised interest rates by 25 basis points, raising the interest rate range to 3.75%–4.00%; as of October 27th, market pricing indicated that the probability of keeping interest rates unchanged this time was about 89.5%. There will be no economic forecast summary or dot plot this time. The suspense lies in how the statement will balance rising inflation with slower hiring, and whether Powell will leave room for another interest rate hike in December. Here is a summary of the key points of October!