Federal Reserve policy, rates and official documents
Connect the current target range and effective rate with the latest decision, meeting schedule, official statements and evidence-linked analysis.
Updated Sep 16, 2026
Target range
3.75%–4.00%
Latest decision
HIKE
+25 bp
Effective federal funds rate
3.63%
15 September 2026
Next FOMC meeting
28 October 2026
Latest data: Sep 16, 2026
Analysis
No report currently available
Recent policy decisions
Rates, documents and history
Rates
Target range, midpoint, IORB and historical decisions.
Meeting history
Target decisions, votes, dissents and linked materials.
Documents
Official statements and deterministic wording comparisons.
Press conferences
Official transcripts, videos and meeting relationships.
Methodology
Sources, calculations and publication limitations.