# Fed Holds Rates, December Hike Odds Jump

> Fed keeps rates steady as December rate hike odds surge to 87%.
- Title: Fed Holds Rates, December Hike Odds Jump · BigGo Finance
- Summary: Fed keeps rates steady as December rate hike odds surge to 87%. The Federal Reserve held rates at 3.75%-4.00% while December rate hike odds rose to 87.4%.
- Keywords: federal reserve, fed, interest rates, december hike, sk hynix, oracle, micron, vertiv, dow jones, nasdaq, wti crude, crude oil
- Source: BigGo Finance — https://finance.biggo.com/news/bd228558-089e-4e41-a3cb-fa406b09c074
- Author: BigGo Finance
- Published: 2026-10-28T20:35:19+00:00
- Read time: 1 min
- Topics: federal reserve, fed, interest rates, december hike, sk hynix, oracle, micron, vertiv, dow jones, nasdaq, wti crude, crude oil
## Fed Holds Rates
The Federal Reserve held its benchmark rate at 3.75%-4.00% on Wednesday.
## December Hike Odds Jump
Futures markets raised the odds of a quarter-point December increase to 87.4% from 78.3%.
## Market Gains
The Dow rose 0.19%, the S&P 500 added 0.28% and the Nasdaq gained 0.27%.
## SK Hynix Surge
SK Hynix ADRs jumped about 13% on quarterly operating profit more than seven times the prior-year level.
## Oracle Guidance
Oracle climbed more than 10% after guiding fiscal 2030 revenue above $225 billion and capping additional fundraising.
## Vertiv Gains
Vertiv gained 16.8% after beating quarterly expectations and raising full-year profit and revenue forecasts.
## Other Moves
Micron rose 4.7%, Robinhood declined 3.9%, and Boston Scientific dropped 2.9%.
## Energy Surge
WTI crude topped $100 a barrel after an attack on a Saudi refinery.
## Chair Warsh
Chair Kevin Warsh said he does not believe in forward guidance and removed one rate decision from next year's calendar.
## Key takeaway

The Federal Reserve held rates at 3.75%-4.00% while December rate hike odds rose to 87.4%.