Will the Federal Reserve announce a reduction in the target range for the federal funds rate at the November 2026 FOMC meeting?

This question will be resolved based on the official press release issued by the Federal Reserve following the November 2026 FOMC meeting, which is scheduled for November 3-4, 2026. A reduction in the target range for the federal funds rate is defined as a decrease in the lower bound of the target range compared to the range in effect immediately prior to the meeting. If the press release explicitly states a new lower target range, the outcome is YES. If the press release indicates no change, an increase, or any other action that does not lower the target range, the outcome is NO. The primary source is the Federal Reserve's official press release, accessible at https://www.federalreserve.gov/newsevents/pressreleases.htm. If the meeting is canceled or postponed beyond November 30, 2026, the question will be voided. In the event of ambiguity or conflicting information, the resolution will rely solely on the official press release.