S&P 5007,722.60▲0.6% Nasdaq26,477.81▲1.2% Dow52,377.57▲0.0% Russell 2K2,818.87▲1.2% 10-Yr4.99%+1bp VIX17.52−0.87 WTI$100.46▼1.3% Gold$4,079.60▲1.0% EUR/USD1.113▼0.4% BTC$80,871▼0.5% Nikkei64,131▲3.1%
At close · Wed, Oct 28, 2026
Daily Market Updates.

US Markets

Home›US Markets›Equities›How the Fed’s Interest Rate Decision Affects Credit Ca…

How the Fed’s Interest Rate Decision Affects Credit Cards, Loans and More

Reported · Written up by our desk · Equities

The Federal Reserve left its benchmark rate untouched, but a December hike could make holiday borrowing more costly.

← Newer storyCanadian Dollar jumps as Fed Chair Warsh says Fed hikes are working

More like this

US MarketsThe Four Academics Who Dreamed Up California’s Billionaire Tax
US MarketsNvidia responds to report Jensen Huang was target of Chinese asset, says diversion allegations were 'investigated and debunked'
US MarketsIRS CEO Bisignano donates to Trump Accounts in his childhood Brooklyn ZIP code
US MarketsServiceNow shares plunge 25% after earnings revive AI disruption fears
US MarketsLooking for income? These dividend stocks have high yields that seem well supported.

Sources

NYT BusinessHow the Fed’s Interest Rate Decision Affects Credit Cards, Loans and More
NYT EconomyHow the Fed’s Interest Rate Decision Affects Credit Cards, Loans and More

Get the close, explained.

One email every trading day: what moved, why it moved, and what's on deck tomorrow. Read in 3 minutes.

Free. Unsubscribe anytime.