The FOMC meeting on October 28 was foreseen in advance: with a 90% probability, the rate would remain at 3.75%–4.00%, and so it did, unchanged. DOGE clapped in support—rising from 0.078 to 0.080—but the applause quickly faded, and the price retreated to 0.0797. My assessment: this is not a reaction, but politeness.
Whether inaction is considered positive depends on surprises. There were no surprises at this meeting; on the contrary, it was an “enhanced hawkish version”: those who voted against believed the measures were not stringent enough; the economic description was updated from “moderate” to “strong”; the probability of a rate hike in December—70–80%—plainly stated, they are not canceling the hike, just not doing it now. A meeting whose script could be recited verbatim cannot deliver positive surprises.
Even more interesting is DOGE’s calmness. From its peak, it has fallen nearly 90%; coins frightened by rates were sold off long ago; the remaining holders now watch Bitcoin sentiment, community activity, and ecosystem development. No matter how loudly the Fed shouts, only white noise reaches this dog’s ears—the marginal impact of macroeconomic narratives diminishes precisely this way.
Therefore, the real information from this spectacle is not what was said in Washington, but that $DOGE did nothing at all. Going forward, attention should be paid to inflation data—whether they will produce lines outside the script—and to the activity of the DOGE chain itself.
#Probability of FOMC Rate Cut Is Rising #FOMC Maintains Rates in October 2026
