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Fed says no rate vote at its October 2027 meeting; Williams cites inflation work
CNBC reports the Fed will hold no interest rate vote at its October 2027 meeting, while Reuters says Williams sees work left to bring inflation to target.
What happened
CNBC reports that the Federal Reserve has changed its policy approach and will not hold a vote on interest rates at its October 2027 meeting.
Separately, Reuters reports that Fed official Williams said the central bank still has work to do to bring inflation back to its target.
The sources do not give further details on the reasons for the scheduling change or on how the meeting will be structured.
Context
The Federal Reserve sets interest rates through votes at its policy meetings, and its officials regularly comment on inflation relative to the central bank's target.
Why it matters
Changes in how the Fed handles rate decisions and its stated focus on inflation are closely watched by markets because they relate to the broader interest rate environment.
Market indices
Latest close of the ETFs that track the main US indices (SPY, QQQ, DIA), from ATLAS data.
S&P 500 (SPY): 757.12 (−0.35%) · November 12
Nasdaq-100 (QQQ): 688.17 (−0.32%) · November 12
Dow Jones (DIA): 522.47 (−0.38%) · November 12
Sources
ATLAS writes its own summaries from the reporting of these outlets. Each link opens the original publisher.
- In a policy switch, the Fed says its October 2027 meeting will not see a vote on interest rates · CNBC · November 12, 2026
- Fed's Williams says central bank has 'work to do' to get inflation back on target · Reuters · November 13, 2026
Related
- Wholesale inflation eased last month but stays elevated, AP reports
- Rand Hits Seven-Month Low as Fed Signals Hikes Under Warsh
- Fed's Goolsbee Stresses Inflation Credibility as Treasury Chief Opposes Hikes
- Bloomberg: Treasury Bond Haven Trade Fades Quickly
- Japan core inflation seen above BOJ target; India trade deficit at one-year high
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