FOMC · June 17, 2026 · 14:00 ET
FOMC Rate Decision
Released
FOMC Rate Decision was released on June 17, 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% |
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What the statement says
FOMC holds the federal funds rate target range steady at 3-1/2 to 3-3/4 percent and reaffirms its policy of maintaining ample reserves
- Decision approved by a 12–0 vote to maintain the federal funds rate target range at 3-1/2 to 3-3/4 percent
- Reaffirmed the policy of maintaining ample reserves in the banking system
- Economic activity is expanding at a solid pace despite elevated uncertainty owing in part to the conflict in the Middle East
- Inflation remains elevated relative to the 2 percent goal, in part reflecting supply shocks that have driven price increases in certain sectors, including energy
- No mention of adjustments to balance sheet normalization (quantitative tightening) pace or changes to forward guidance
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.