The full statement from the Federal Reserve Board for September 2026
From the original
The Federal Open Market Committee approved the following statement for release by a 12 – 0 vote: The Committee decided to raise the target range for the federal funds rate by 1/4 percentage pointto 3-3/4to 4 percent, in support of the Federal Reserve's dual mandate. The Committee
Related speeches
4 itemsFed keeps rates unchanged at 3.75%.
The full FOMC statement from the June 2026 meeting.
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.
More like this
5 itemsFed's Cook names two inflation worries: the AI buildout and persistent supply shocks
Fed's Jefferson: Weighing more data will allow the Fed to make a better call on rates
Fed’s Schmid: Rising long-term rates are starting to strain housing and commercial lending
ICYMI: BOJ opinions and tankan both point to more rate hikes after September's move