The Fed keeps interest rates unchanged, with mixed market reactions
2026-10-29 14:39:11
According to CoinMeta, as reported by Newsquawk, the Federal Reserve maintained its interest rates unchanged as expected, despite hawkish objections from Harker and Cook. The press conference held by Federal Reserve Chairman Walsh did not bring any hawkish surprises, which put pressure on the dollar and short-term yields. Asian-Pacific stock markets performed mixedly; South Korea's KOSPI index struggled due to Samsung Electronics' earnings falling short of expectations. U.S. stock index futures showed a mixed trend, with the Nasdaq index lagging behind due to poor financial reports from Google's parent company Alphabet, while Microsoft rose in after-hours trading. European stock index futures indicated a stable market opening, with the Eurozone Stoxx 50 futures rising by 0.1%. Crude oil futures fell due to hopes for mediation, with reports indicating frequent communication between Iran and the United States through intermediaries. Future economic data to watch include Sweden's GDP, EU economic confidence, U.S. GDP, and personal consumption spending, among others.
Source:X
This content is for market information only and does not constitute investment advice.
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