Federal Reserve maintains target range for the federal funds rate
The Federal Reserve decided to hold the target range for the federal funds rate. No change to the previously announced range is made.
Monitor for the Federal Reserve's official announcement of an interest rate change (cut, hike, or hold) during meetings.
The Federal Reserve decided to hold the target range for the federal funds rate. No change to the previously announced range is made.
Minutes of the Federal Open Market Committee meeting held July 28–29, 2026 indicate no change to the target range for the federal funds rate.
The Committee decided to maintain the target range for the federal funds rate at 3-1/2 to 3-3/4 percent.
The content provided consists of the minutes of the Federal Open Market Committee meeting held June 16-17, 2026. It does not contain a press release announcing a change to the target range for the federal funds rate.
The Federal Open Market Committee decided to maintain the target range for the federal funds rate at 3-1/2 to 3-3/4 percent.