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

Recent Federal Reserve policy decisions
DateDecisionChangeTarget range
Sep 16, 2026HIKE+25 bp3.75%4.00%
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%

Rates, documents and history