Oracle jumps 11% and the dollar weakens after the Fed meeting

FinanceInternationalXTB.comOct 28, 2026, 4:08 PM40 s readAI summary

The Fed kept rates in the 3.75%-4.00% range, with a 10-2 vote that included Lisa Cook's dissenting vote. Chair Kevin Warsh said there is "broad consensus that the monetary medicine is working" and announced that from next year there will be seven monetary policy meetings a year. The dollar fell 0.2% against a trade-weighted basket and 0.3% against the euro. Oracle surged 11% after projecting more than $225 billion in annual revenue for fiscal 2030.

In 40 seconds

The Fed held rates at 3.75%-4.00% with a 10-2 vote and Lisa Cook's dissenting vote.
Warsh said there is "broad consensus" that monetary policy is working and the Fed will move to seven meetings a year from next year.
The dollar fell 0.2% against a trade-weighted basket and 0.3% against the euro; the 2-year Treasury yield stood near 4.72%.

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IASummary generated by artificial intelligence from a story by XTB.com. It may contain errors: the original source prevails.

Fed
Oracle
dólar
mercados
tasas

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Oracle jumps 11% and the dollar weakens after the Fed meeting

In 40 seconds

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