Federal Reserve policy decision history
Stored target-range decisions, implementation settings, voting records and links to their official statements and meeting reports.
| Decision date | Decision | Target range | Change | Vote | Official materials |
|---|---|---|---|---|---|
| 29 January 2025 | HOLD | 4.25%–4.50% | 0 bp | — | Statement · Press conference |
| 18 December 2024 | CUT | 4.25%–4.50% | -25 bp | — | Statement · Press conference |
| 7 November 2024 | CUT | 4.50%–4.75% | -25 bp | — | Statement · Press conference |
| 18 September 2024 | CUT | 4.75%–5.00% | -50 bp | — | Statement · Press conference |
| 31 July 2024 | HOLD | 5.25%–5.50% | 0 bp | — | Statement · Press conference |
| 12 June 2024 | HOLD | 5.25%–5.50% | 0 bp | — | Statement · Press conference |
| 1 May 2024 | HOLD | 5.25%–5.50% | 0 bp | — | Statement · Press conference |
| 20 March 2024 | HOLD | 5.25%–5.50% | 0 bp | — | Statement · Press conference |
| 31 January 2024 | HOLD | 5.25%–5.50% | 0 bp | — | Statement · Press conference |
| 13 December 2023 | HOLD | 5.25%–5.50% | 0 bp | — | Statement · Press conference |
| 1 November 2023 | HOLD | 5.25%–5.50% | 0 bp | — | Statement · Press conference |
| 20 September 2023 | HOLD | 5.25%–5.50% | 0 bp | — | Statement · Press conference |