FOMC · April 29, 2026 · 14:00 ET
FOMC Rate Decision
Released
FOMC Rate Decision was released on April 29, 2026 (14:00 ET): Target Range Upper came in at 3.75%, vs 3.75% prior.
| Metric | Prior | Actual |
|---|---|---|
| Target Range Upper | 3.75% | 3.75% |
| Target Range Lower | 3.5% | 3.5% |
About FOMC Rate Decision: release schedule & how to read it →
Get the actual number pushed within seconds — download FirstPrint
What the statement says
FOMC holds the federal funds rate target range at 3.5–3.75%, with 4 dissenters: one favored a 25-bps cut, and three opposed including an easing bias in the statement
- Maintains the federal funds rate target range at 3.5–3.75%
- Inflation remains elevated, partly reflecting the recent increase in global energy prices
- Job gains have remained low on average, and the unemployment rate has been little changed in recent months
- Stephen I. Miran voted against the action, preferring to lower the target range by 25 basis points
- Beth M. Hammack, Neel Kashkari, and Lorie K. Logan supported maintaining the target range but opposed inclusion of an easing bias in the statement
AI-generated summary of the official text. The official statement is authoritative. Not investment advice.
Figures as published by the official source, which is authoritative. Not investment advice.