FOMC maintains target range for federal funds rate
The Federal Open Market Committee maintained the target range for the federal funds rate at 3-3/4 to 4 percent.
Monitor for the Federal Reserve's official announcement of an interest rate change (cut, hike, or hold) during meetings.
The Federal Open Market Committee maintained the target range for the federal funds rate at 3-3/4 to 4 percent.
The content provided relates to the minutes of the Board's discount rate meetings and discusses the discount rate process, which is distinct from the Federal Open Market Committee's target range for the federal funds rate. There is no indication of a change to the target range for the federal funds rate in this material.
The Federal Reserve decided to hold the target range for the federal funds rate at the previous level.
The press page provided does not include a decision on the target range for the federal funds rate; it discusses the release of economic projections from the September 15-16 FOMC meeting.
The Committee decided to raise the target range for the federal funds rate by 1/4 percentage point to 3-3/4 to 4 percent.