CryptoSlate reports that the Federal Reserve maintained its target interest rate at 3.75% to 4% on October 28, with a 10-2 vote. Dissenting votes from Governor Lisa Cook and Cleveland Fed President Beth Hammack called for a quarter-point hike. Current market trackers suggest an 83% to 88% chance of a rate increase in December, impacting Bitcoin's recovery prospects.

AI-assisted source briefing. Based on the CryptoSlate RSS report; not independently verified.

Source published: Thu, 29 Oct 2026 08:30:16 +0000