One-Day VIX Signaled Muted Move Before Fed Decision, Sethi Said

Analyst Neil Sethi said the one-day VIX pointed to a relatively muted market move before the Federal Reserve’s Oct. 28 policy decision. He said the reading was at its lowest level ahead of a Fed day since April in a post on X.

The decision was scheduled for 2 p.m. ET (18:00 UTC), followed by a news conference at 2:30 p.m. ET (18:30 UTC).