Monday, November 2, 2026 Daily Briefing News Quiz
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Federal Reserve

The Federal Reserve, represented by the Federal Open Market Committee, kept the federal funds rate unchanged at 3.75%–4% on October 28, 2026, while Chairman Kevin M. Warsh announced a revised meeting schedule to streamline decision‑making. The rate decision coincided with modest increases in mortgage rates, with the 30‑year fixed rate at 7.23% on October 27. No further policy actions were reported beyond the rate hold and schedule changes.

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What to know

  • The Federal Open Market Committee voted to keep the federal funds rate unchanged between 3.75% and 4%. Oct 28
  • Chairman Kevin M. Warsh announced changes to the FOMC meeting schedule to streamline decision-making. Oct 28
  • 30‑year fixed rate was 7.23% on Oct. 27, up 11 basis points from the day before. Oct 28
  • Average refinance rate fell to 7.30% over the past week. Oct 28
  • CoreWeave shares fell 32% in nine trading days to $80.26 on Nasdaq. Oct 26

Timeline

  1. Oct 28, 2026
  2. Oct 28, 2026
  3. Oct 26, 2026
  4. Oct 19, 2026
  5. Oct 17, 2026
  6. Oct 17, 2026
  7. Oct 15, 2026
  8. Oct 15, 2026
  9. Oct 13, 2026
  10. Oct 12, 2026
  11. Aug 8, 2026
  12. Aug 4, 2026
  13. Jul 31, 2026
  14. Jul 29, 2026
  15. Mar 30, 2026
  16. Feb 4, 2026
  17. Jan 28, 2026
  18. Jun 5, 2025
  19. Apr 21, 2025