SUMMARY OF FED DECISION (10/28/2026): 1. Fed leaves interest rates unchanged after September hike 2. Rate pause was a 10-2 decision with Cook and Hammack dissenting in favor of a rate hike 3. Fed says economic activity is "expanding at a strong pace" 4. Fed says inflation "remains elevated" and seeks more information 5. Fed notes that "geopolitical developments" are contributing to uncertainty 6. The Fed reasserts that "The Committee will deliver price stability" "Higher for longer" continues at the Fed.