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Federal Reserve and FOMC

Federal Reserve policy, rates and official documents

Connect the current target range and effective rate with the latest decision, meeting schedule, official statements and reviewed analysis.

Updated Jul 29, 2026

Target range

3.50%–3.75%

Latest decision

HOLD

0 bp

Effective federal funds rate

3.63%

30 July 2026

Next FOMC meeting

16 September 2026

SEP expected

Data dated Jul 29, 2026 · Within the expected update window.

Analysis

No manually approved report is public yet. Current data, history and methodology remain available below.

Recent policy decisions

Recent Federal Reserve policy decisions
DateDecisionChangeTarget range
Jul 29, 2026HOLD0 bp3.50%–3.75%
Jun 17, 2026HOLD0 bp3.50%–3.75%
Apr 29, 2026HOLD0 bp3.50%–3.75%
Mar 18, 2026HOLD0 bp3.50%–3.75%
Jan 28, 2026HOLD0 bp3.50%–3.75%
Dec 10, 2025CUT-25 bp3.50%–3.75%
Oct 29, 2025CUT-25 bp3.75%–4.00%
Sep 17, 2025CUT-25 bp4.00%–4.25%

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.