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The US Federal Reserve kept its key interest rate unchanged at 3.75–4.00% on October 28, 2026, after last month's quarter-point hike, citing rapid economic expansion but leaving the door open for further increases. Yonhap reports the decision as a "breathing spell" following September's hike, while Maeil Business notes the Fed may have considered the upcoming midterm elections and that markets weigh a December hike possibility. Korea Times adds that inflation remains elevated, with oil and gas price spikes from the Iran war complicating the outlook. Seoul stocks opened slightly higher Thursday ahead of Samsung earnings, per Yonhap.