K-SignalAI-generated
Fed Holds Rates at 3.75–4.00% After September Hike
The U.S. Federal Reserve kept its key interest rate unchanged at 3.75–4.00% on October 28, following a quarter-point hike last month, according to Yonhap and other Korean outlets. The decision was seen as a pause to assess the impact of prior tightening, with the Fed leaving the door open for further hikes. Fed Chair Kevin Warsh noted he pays "much more attention to the Korean economy than you think," as reported by Dong-A Ilbo. Korean stocks opened slightly higher on October 29, buoyed by the hold and expectations for strong Samsung earnings, per Yonhap and Korea Times.


















