# Fed Holds Rates as Markets Put December Hike Odds at 83% By Enna Lee Canonical URL: https://www.tokenpost.com/news/investing/43271 Published: 2026-10-29T06:50:47.000Z Updated: 2026-10-29T06:50:47.000Z Section: Investing > The estimate priced a 25-basis-point move. The October hold drew two dissenting votes. Market estimates dated Oct. 29 put the probability of a 25-basis-point rate increase at the Federal Reserve’s December meeting at 83%, after the central bank held rates steady on Oct. 28. Two votes opposed the October hold. The 83% figure describes market pricing, while the Fed’s decision to keep rates unchanged was its completed policy action. The estimate concerned a specific 25-basis-point move at the December policy meeting. A prior [Oct. 28 Fed pricing snapshot]() covered rate expectations before the October decision. Larry Holzenthaler, a senior portfolio manager at Catalyst Fund, said market participants broadly continued to expect a December increase after the Fed held rates steady. ## Links in this article - [Oct. 28 Fed pricing snapshot](https://www.tokenpost.com/news/investing/42847)