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Hello, I'm Miryam Campbell, Molto RE’s Managing Editor, joining you from London. This is Molto News, Markets, with your North America report. These are selected developments from the region, drawn from dated original releases.

Published on 28 October 2026. The Federal Open Market Committee has decided to maintain the target range for the federal funds rate at 3.75 to 4 percent. This decision supports the Federal Reserve's dual mandate. Economic activity is expanding at a strong pace, with domestic spending resilient and productivity growth robust. Job gains have kept pace with the workforce, and the unemployment rate has remained stable. However, inflation remains elevated, and the Committee will continue to monitor the situation to ensure a timely return to its 2 percent inflation goal. Voting against the decision were Lisa D. Cook and Beth M. Hammack, who preferred a 0.25 percentage point increase.

Published on 29 October 2026. According to the U.S. Bureau of Economic Analysis, personal income increased by $54.5 billion (0.2 percent at a monthly rate) in September 2026. Disposable personal income, which is personal income minus personal current taxes, rose by $52.7 billion (0.2 percent), while personal consumption expenditures increased by $113.1 billion (0.5 percent). Personal outlays, which include PCE, personal interest payments, and personal current transfer payments, also increased by $113.0 billion in September. The personal saving rate, defined as personal saving as a percentage of disposable personal income, was 3.8 percent, with personal saving amounting to $911.1 billion. The increase in personal income primarily reflected rises in compensation and government social benefits, with private wages and salaries and Medicare benefits leading the way.

That is your North America markets report. You can read the full transcript and follow the original sources on the Markets page. I'm Miryam Campbell for Molto RE.