# FOMC Meeting October 28, 2026: Time, Expected Move and Fed Day History

URL: https://squawkflow.com/calendar/fomc-meeting-october-2026
Retrieved: 2026-10-17 16:42 ET

The Federal Reserve lists the FOMC meeting for October 27 to 28, 2026, with the statement at 2:00 p.m. ET on Oct 28, 2026. On the 261 scheduled Fed decision days since Feb 4, 1994, the S&P 500's median close-to-close move was 0.64%, against 0.53% on all sessions.

## Date and time

- FOMC meeting: October 27 to 28, 2026. A scheduled two-day meeting of the Federal Open Market Committee, as listed on the Federal Reserve meeting calendar. Source: https://www.federalreserve.gov/monetarypolicy/fomccalendars.htm (checked 2026-10-10).
- FOMC meeting release, 2:00 p.m. ET: Wednesday, October 28, 2026, 2:00 p.m. ET. The Federal Reserve October 2026 calendar lists the two-day FOMC meeting at 2:00 p.m. ET on October 28, followed by a press conference at 2:30 p.m. ET. Source: https://www.federalreserve.gov/newsevents/2026-october.htm (checked 2026-10-10).
- Calendar file: https://squawkflow.com/calendar/cpi-fomc-2026.ics

## What options price for it

SPX expected move to the FOMC decision, read off the option chain each session: https://squawkflow.com/expected-move/spx

## The S&P 500 on past scheduled Fed decision days

On the 261 scheduled Fed decision days from Feb 4, 1994 through Sep 16, 2026, the S&P 500's median close-to-close move was 0.64%, larger than the 0.53% median across all 8,228 sessions from Feb 4, 1994 to Oct 16, 2026.
It closed higher on 142 of the 261 (54.4%), against 53.9% of all sessions.
It moved more than 1% either way on 33.0% of them, against 26.5% of all sessions.
In 2026, through Sep 16, 2026, it closed lower on 6 of the 6 scheduled Fed decision days, the smallest move -0.01% on Jan 28 (small sample, 6 days).

SquawkFlow's computation on Oct 17, 2026: S&P 500 index closes from Cboe, scheduled Fed decision days from the Federal Reserve Board, each move from the prior session's close to the event day's close. Every scheduled Fed decision day in the span is listed below; none falls within 20 sessions of another. The median comparison word follows a permutation check (10,000 random same-size samples). History, not a forecast.

| Scheduled Fed decision day | S&P 500 close to close |
|---|---|
| 2026-09-16 | -0.45% |
| 2026-07-29 | -1.52% |
| 2026-06-17 | -1.21% |
| 2026-04-29 | -0.04% |
| 2026-03-18 | -1.36% |
| 2026-01-28 | -0.01% |
| 2025-12-10 | +0.67% |
| 2025-10-29 | 0.00% |
| 2025-09-17 | -0.10% |
| 2025-07-30 | -0.12% |
| 2025-06-18 | -0.03% |
| 2025-05-07 | +0.43% |
| 2025-03-19 | +1.08% |
| 2025-01-29 | -0.47% |
| 2024-12-18 | -2.95% |
| 2024-11-07 | +0.74% |
| 2024-09-18 | -0.29% |
| 2024-07-31 | +1.58% |
| 2024-06-12 | +0.85% |
| 2024-05-01 | -0.34% |
| 2024-03-20 | +0.89% |
| 2024-01-31 | -1.61% |
| 2023-12-13 | +1.37% |
| 2023-11-01 | +1.05% |
| 2023-09-20 | -0.94% |
| 2023-07-26 | -0.02% |
| 2023-06-14 | +0.08% |
| 2023-05-03 | -0.70% |
| 2023-03-22 | -1.65% |
| 2023-02-01 | +1.05% |
| 2022-12-14 | -0.61% |
| 2022-11-02 | -2.50% |
| 2022-09-21 | -1.71% |
| 2022-07-27 | +2.62% |
| 2022-06-15 | +1.46% |
| 2022-05-04 | +2.99% |
| 2022-03-16 | +2.24% |
| 2022-01-26 | -0.15% |
| 2021-12-15 | +1.63% |
| 2021-11-03 | +0.65% |
| 2021-09-22 | +0.95% |
| 2021-07-28 | -0.02% |
| 2021-06-16 | -0.54% |
| 2021-04-28 | -0.08% |
| 2021-03-17 | +0.29% |
| 2021-01-27 | -2.57% |
| 2020-12-16 | +0.18% |
| 2020-11-05 | +1.95% |
| 2020-09-16 | -0.46% |
| 2020-07-29 | +1.24% |
| 2020-06-10 | -0.53% |
| 2020-04-29 | +2.66% |
| 2020-01-29 | -0.09% |
| 2019-12-11 | +0.29% |
| 2019-10-30 | +0.33% |
| 2019-09-18 | +0.03% |
| 2019-07-31 | -1.09% |
| 2019-06-19 | +0.30% |
| 2019-05-01 | -0.75% |
| 2019-03-20 | -0.29% |
| 2019-01-30 | +1.55% |
| 2018-12-19 | -1.54% |
| 2018-11-08 | -0.25% |
| 2018-09-26 | -0.33% |
| 2018-08-01 | -0.10% |
| 2018-06-13 | -0.40% |
| 2018-05-02 | -0.72% |
| 2018-03-21 | -0.18% |
| 2018-01-31 | +0.05% |
| 2017-12-13 | -0.05% |
| 2017-11-01 | +0.16% |
| 2017-09-20 | +0.06% |
| 2017-07-26 | +0.03% |
| 2017-06-14 | -0.10% |
| 2017-05-03 | -0.13% |
| 2017-03-15 | +0.84% |
| 2017-02-01 | +0.03% |
| 2016-12-14 | -0.81% |
| 2016-11-02 | -0.65% |
| 2016-09-21 | +1.09% |
| 2016-07-27 | -0.12% |
| 2016-06-15 | -0.18% |
| 2016-04-27 | +0.16% |
| 2016-03-16 | +0.56% |
| 2016-01-27 | -1.09% |
| 2015-12-16 | +1.45% |
| 2015-10-28 | +1.18% |
| 2015-09-17 | -0.26% |
| 2015-07-29 | +0.73% |
| 2015-06-17 | +0.20% |
| 2015-04-29 | -0.37% |
| 2015-03-18 | +1.22% |
| 2015-01-28 | -1.35% |
| 2014-12-17 | +2.04% |
| 2014-10-29 | -0.14% |
| 2014-09-17 | +0.13% |
| 2014-07-30 | +0.01% |
| 2014-06-18 | +0.77% |
| 2014-04-30 | +0.30% |
| 2014-03-19 | -0.61% |
| 2014-01-29 | -1.02% |
| 2013-12-18 | +1.66% |
| 2013-10-30 | -0.49% |
| 2013-09-18 | +1.22% |
| 2013-07-31 | -0.01% |
| 2013-06-19 | -1.39% |
| 2013-05-01 | -0.93% |
| 2013-03-20 | +0.67% |
| 2013-01-30 | -0.39% |
| 2012-12-12 | +0.04% |
| 2012-10-24 | -0.31% |
| 2012-09-13 | +1.63% |
| 2012-08-01 | -0.29% |
| 2012-06-20 | -0.17% |
| 2012-04-25 | +1.36% |
| 2012-03-13 | +1.81% |
| 2012-01-25 | +0.87% |
| 2011-12-13 | -0.87% |
| 2011-11-02 | +1.61% |
| 2011-09-21 | -2.94% |
| 2011-08-09 | +4.74% |
| 2011-06-22 | -0.65% |
| 2011-04-27 | +0.62% |
| 2011-03-15 | -1.12% |
| 2011-01-26 | +0.42% |
| 2010-12-14 | +0.09% |
| 2010-11-03 | +0.37% |
| 2010-09-21 | -0.26% |
| 2010-08-10 | -0.60% |
| 2010-06-23 | -0.30% |
| 2010-04-28 | +0.65% |
| 2010-03-16 | +0.78% |
| 2010-01-27 | +0.49% |
| 2009-12-16 | +0.11% |
| 2009-11-04 | +0.10% |
| 2009-09-23 | -1.01% |
| 2009-08-12 | +1.15% |
| 2009-06-24 | +0.65% |
| 2009-04-29 | +2.16% |
| 2009-03-18 | +2.09% |
| 2009-01-28 | +3.36% |
| 2008-12-16 | +5.14% |
| 2008-10-29 | -1.11% |
| 2008-09-16 | +1.75% |
| 2008-08-05 | +2.87% |
| 2008-06-25 | +0.58% |
| 2008-04-30 | -0.38% |
| 2008-03-18 | +4.24% |
| 2008-01-30 | -0.48% |
| 2007-12-11 | -2.53% |
| 2007-10-31 | +1.20% |
| 2007-09-18 | +2.92% |
| 2007-08-07 | +0.62% |
| 2007-06-28 | -0.04% |
| 2007-05-09 | +0.32% |
| 2007-03-21 | +1.71% |
| 2007-01-31 | +0.66% |
| 2006-12-12 | -0.10% |
| 2006-10-25 | +0.35% |
| 2006-09-20 | +0.52% |
| 2006-08-08 | -0.34% |
| 2006-06-29 | +2.16% |
| 2006-05-10 | -0.17% |
| 2006-03-28 | -0.64% |
| 2006-01-31 | -0.40% |
| 2005-12-13 | +0.56% |
| 2005-11-01 | -0.35% |
| 2005-09-20 | -0.79% |
| 2005-08-09 | +0.67% |
| 2005-06-30 | -0.71% |
| 2005-05-03 | -0.09% |
| 2005-03-22 | -1.02% |
| 2005-02-02 | +0.32% |
| 2004-12-14 | +0.39% |
| 2004-11-10 | -0.10% |
| 2004-09-21 | +0.63% |
| 2004-08-10 | +1.30% |
| 2004-06-30 | +0.41% |
| 2004-05-04 | +0.18% |
| 2004-03-16 | +0.56% |
| 2004-01-28 | -1.36% |
| 2003-12-09 | -0.85% |
| 2003-10-28 | +1.52% |
| 2003-09-16 | +1.43% |
| 2003-08-12 | +1.00% |
| 2003-06-25 | -0.83% |
| 2003-05-06 | +0.85% |
| 2003-03-18 | +0.42% |
| 2003-01-29 | +0.68% |
| 2002-12-10 | +1.40% |
| 2002-11-06 | +0.91% |
| 2002-09-24 | -1.73% |
| 2002-08-13 | -2.17% |
| 2002-06-26 | -0.27% |
| 2002-05-07 | -0.30% |
| 2002-03-19 | +0.41% |
| 2002-01-30 | +1.17% |
| 2001-12-11 | -0.28% |
| 2001-11-06 | +1.45% |
| 2001-10-02 | +1.23% |
| 2001-08-21 | -1.21% |
| 2001-06-27 | -0.47% |
| 2001-05-15 | +0.04% |
| 2001-03-20 | -2.41% |
| 2001-01-31 | -0.56% |
| 2000-12-19 | -1.30% |
| 2000-11-15 | +0.50% |
| 2000-10-03 | -0.68% |
| 2000-08-22 | -0.09% |
| 2000-06-28 | +0.29% |
| 2000-05-16 | +0.94% |
| 2000-03-21 | +2.56% |
| 2000-02-02 | -0.01% |
| 1999-12-21 | +1.08% |
| 1999-11-16 | +1.82% |
| 1999-10-05 | -0.25% |
| 1999-08-24 | +0.24% |
| 1999-06-30 | +1.57% |
| 1999-05-18 | -0.46% |
| 1999-03-30 | -0.72% |
| 1999-02-03 | +0.80% |
| 1998-12-22 | +0.06% |
| 1998-11-17 | +0.30% |
| 1998-09-29 | +0.03% |
| 1998-08-18 | +1.62% |
| 1998-07-01 | +1.30% |
| 1998-05-19 | +0.33% |
| 1998-03-31 | +0.75% |
| 1998-02-04 | +0.09% |
| 1997-12-16 | +0.48% |
| 1997-11-12 | -1.93% |
| 1997-09-30 | -0.64% |
| 1997-08-19 | +1.48% |
| 1997-07-02 | +1.46% |
| 1997-05-20 | +1.01% |
| 1997-03-25 | -0.23% |
| 1997-02-05 | -1.41% |
| 1996-12-17 | +0.70% |
| 1996-11-13 | +0.22% |
| 1996-09-24 | -0.13% |
| 1996-08-20 | -0.13% |
| 1996-07-03 | -0.18% |
| 1996-05-21 | -0.06% |
| 1996-03-26 | +0.45% |
| 1996-01-31 | +0.93% |
| 1995-12-19 | +0.84% |
| 1995-11-15 | +0.79% |
| 1995-09-26 | -0.07% |
| 1995-08-22 | +0.25% |
| 1995-07-06 | +1.23% |
| 1995-05-23 | +0.94% |
| 1995-03-28 | +0.14% |
| 1995-02-01 | 0.00% |
| 1994-12-20 | -0.18% |
| 1994-11-15 | -0.22% |
| 1994-09-27 | +0.27% |
| 1994-08-16 | +0.82% |
| 1994-07-06 | -0.05% |
| 1994-05-17 | +1.10% |
| 1994-03-22 | +0.06% |
| 1994-02-04 | -2.27% |

Dates: https://www.federalreserve.gov/monetarypolicy/fomccalendars.htm. Closes: https://cdn.cboe.com/api/global/us_indices/daily_prices/SPX_History.csv.

## Related

- Market calendar: CPI, FOMC, OPEX and VIX dates: https://squawkflow.com/calendar
- Election week 2026 event clock: https://squawkflow.com/calendar/election-week-2026
- How the Fed moves markets: https://squawkflow.com/learn/fed-impact-on-markets

## Citation

Source: SquawkFlow, https://squawkflow.com/calendar/fomc-meeting-october-2026
Retrieved: 2026-10-17 16:42 ET
Attribution: cite the page URL rather than a copied number. Levels are
recomputed every session, so a number without its date is wrong within a day.

SquawkFlow publishes market-structure data and education. Nothing here is
investment advice, a price target or a recommendation, and we have no order
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