Fed keeps rates unchanged at 3.75%.
EUR/USD — All Desk Targets
| Firm | Stance | YE 2026 |
|---|---|---|
MUFG | Bullish | 1.1800 |
Danske Bank | Bearish | 1.1100 |
UBS | Bullish | 1.1800 |
All 27 desk targets for EUR/USD
From the original
The full statement from the Federal Reserve: The Federal Open Market Committee approved the following statement for release by a 9 – 3 vote: The Committee decided to maintain the target range for the federal funds rate at 3-1/2 to 3-3/4 percent, in support of the Federal Reserve'
Related speeches
4 itemsThe full statement from the Federal Reserve Board for September 2026
Fed holds rates steady as three FOMC members dissent
The Federal Reserve's recent decision to hold interest rates steady, despite dissent from three FOMC members, highlights ongoing uncertainties in the U.S. economy. Markets had anticipated a potential rate hike, pricing in a one-third chance of a 25bp increase; however, the Fed opted for caution ahead of further employment and inflation data, with current rates maintained at 3.5-3.75%. Per the full note [source], the implication is a more extended period of steady policy, projecting a likelihood of rates remaining unchanged into 2027. This decision has prompted slight softening in the dollar and shifts in the yield curve.
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