 FOMC target funds rate maintained at 5.25% - 5.50% Posted: November 1, 2023 at 02:00 PM (Wednesday)Recent indicators suggest that economic activity expanded at a strong pace in the third quarter. Job gains have moderated since earlier in the year but remain strong, and the unemployment rate has remained low. Inflation remains elevated.
The U.S. banking system is sound and resilient. Tighter financial and credit conditions for households and businesses are likely to weigh on economic activity, hiring, and inflation. The extent of these effects remains uncertain. The Committee remains highly attentive to ... |
 FOMC target funds rate maintained at 5.25% - 5.50% Posted: September 20, 2023 at 02:00 PM (Wednesday)Recent indicators suggest that economic activity has been expanding at a solid pace. Job gains have slowed in recent months but remain strong, and the unemployment rate has remained low. Inflation remains elevated.
The U.S. banking system is sound and resilient. Tighter credit conditions for households and businesses are likely to weigh on economic activity, hiring, and inflation. The extent of these effects remains uncertain. The Committee remains highly attentive to inflation risks. ... |
 FOMC target funds rate raised to 5.25% - 5.50% Posted: July 26, 2023 at 02:00 PM (Wednesday)Recent indicators suggest that economic activity has been expanding at a moderate pace. Job gains have been robust in recent months, and the unemployment rate has remained low. Inflation remains elevated.
The U.S. banking system is sound and resilient. Tighter credit conditions for households and businesses are likely to weigh on economic activity, hiring, and inflation. The extent of these effects remains uncertain. The Committee remains highly attentive to inflation risks. ... |
 FOMC target funds rate raised to 4.75% - 5.00% Posted: March 22, 2023 at 02:00 PM (Wednesday)Recent indicators point to modest growth in spending and production. Job gains have picked up in recent months and are running at a robust pace; the unemployment rate has remained low. Inflation remains elevated.
The U.S. banking system is sound and resilient. Recent developments are likely to result in tighter credit conditions for households and businesses and to weigh on economic activity, hiring, and inflation. The extent of these effects is uncertain. The Committee remains ... |
 FOMC target funds rate raised to 4.50% - 4.75% Posted: February 1, 2023 at 02:00 PM (Wednesday)Recent indicators point to modest growth in spending and production. Job gains have been robust in recent months, and the unemployment rate has remained low. Inflation has eased somewhat but remains elevated.
Russia's war against Ukraine is causing tremendous human and economic hardship and is contributing to elevated global uncertainty. The Committee is highly attentive to inflation risks. ... |
 FOMC target funds rate raised to 4.25% - 4.50% Posted: December 14, 2022 at 02:00 PM (Wednesday)Recent indicators point to modest growth in spending and production. Job gains have been robust in recent months, and the unemployment rate has remained low. Inflation remains elevated, reflecting supply and demand imbalances related to the pandemic, higher food and energy prices, and broader ... |
 FOMC target funds rate raised to 3.75% - 4.00% Posted: November 2, 2022 at 02:00 PM (Wednesday)Recent indicators point to modest growth in spending and production. Job gains have been robust in recent months, and the unemployment rate has remained low. Inflation remains elevated, reflecting supply and demand imbalances related to the pandemic, higher food and energy prices, and broader ... |
 FOMC target funds rate raised to 3.00% - 3.25% Posted: September 21, 2022 at 02:00 PM (Wednesday)Recent indicators point to modest growth in spending and production. Job gains have been robust in recent months, and the unemployment rate has remained low. Inflation remains elevated, reflecting supply and demand imbalances related to the pandemic, higher food and energy prices, and broader ... |
 FOMC target funds rate raised to 2.25% - 2.50% Posted: July 27, 2022 at 02:00 PM (Wednesday)Recent indicators of spending and production have softened. Nonetheless, job gains have been robust in recent months, and the unemployment rate has remained low. Inflation remains elevated, reflecting supply and demand imbalances related to the pandemic, higher food and energy prices, and broader ... |
 FOMC target funds rate raised to 1.50% - 1.75% Posted: June 15, 2022 at 02:00 PM (Wednesday)Overall economic activity appears to have picked up after edging down in the first quarter. Job gains have been robust in recent months, and the unemployment rate has remained low. Inflation remains elevated, reflecting supply and demand imbalances related to the pandemic, higher energy prices, and broader ... |
 FOMC target funds rate raised to 0.75% - 1.00%, reducing holdings in June Posted: May 4, 2022 at 02:00 PM (Wednesday)Although overall economic activity edged down in the first quarter, household spending and business fixed investment remained strong. Job gains have been robust in recent months, and the unemployment rate has declined substantially. Inflation remains elevated, reflecting supply and demand imbalances related to the pandemic, higher energy ... |
 FOMC target funds rate raised to 0.25% - 0.50% Posted: March 16, 2022 at 02:00 PM (Wednesday)Indicators of economic activity and employment have continued to strengthen. Job gains have been strong in recent months, and the unemployment rate has declined substantially. Inflation remains elevated, reflecting supply and demand imbalances related to the pandemic, higher energy prices, and broader ... |
 FOMC target funds rate maintained at 0.00% - 0.25% - expects to raise target range soon Posted: January 26, 2022 at 02:00 PM (Wednesday)Indicators of economic activity and employment have continued to strengthen. The sectors most adversely affected by the pandemic have improved in recent months but are being affected by the recent sharp rise in COVID-19 cases. Job gains have been solid in recent months, and the unemployment rate has declined substantially. Supply and ... |
 FOMC target funds rate maintained at 0.00% - 0.25% - Increased Taper Posted: December 15, 2021 at 02:00 PM (Wednesday)The Federal Reserve is committed to using its full range of tools to support the U.S. economy in this challenging time, thereby promoting its maximum employment and price stability goals.
With progress on vaccinations and strong policy support, indicators of economic activity and employment have continued to strengthen. The sectors most adversely affected by the pandemic have improved in recent months but continue to be affected by COVID-19. Job gains have ... |
 FOMC target funds rate maintained at 0.00% - 0.25% - Reducing Net Asset Purchases Posted: November 3, 2021 at 02:00 PM (Wednesday)The Federal Reserve is committed to using its full range of tools to support the U.S. economy in this challenging time, thereby promoting its maximum employment and price stability goals.
With progress on vaccinations and strong policy support, indicators of economic activity and employment have continued to strengthen. The sectors most adversely affected by the pandemic have improved in recent months, but the summer's rise in COVID-19 cases has slowed their ... |
 FOMC target funds rate maintained at 0.00% - 0.25% Posted: July 28, 2021 at 02:00 PM (Wednesday)The Federal Reserve is committed to using its full range of tools to support the U.S. economy in this challenging time, thereby promoting its maximum employment and price stability goals.
With progress on vaccinations and strong policy support, indicators of economic activity and employment have continued to strengthen. The sectors most adversely affected by the pandemic have shown improvement but have not fully recovered. Inflation has risen, largely ... |
 FOMC target funds rate maintained at 0.00% - 0.25% Posted: June 16, 2021 at 02:00 PM (Wednesday)The Federal Reserve is committed to using its full range of tools to support the U.S. economy in this challenging time, thereby promoting its maximum employment and price stability goals.
Progress on vaccinations has reduced the spread of COVID-19 in the United States. Amid this progress and strong policy support, indicators of economic activity and employment have strengthened. The sectors most adversely affected by the pandemic remain weak but have shown ... |
 FOMC target funds rate maintained at 0.00% - 0.25% Posted: April 28, 2021 at 02:00 PM (Wednesday)The Federal Reserve is committed to using its full range of tools to support the U.S. economy in this challenging time, thereby promoting its maximum employment and price stability goals.
The COVID-19 pandemic is causing tremendous human and economic hardship across the United States and around the world. Amid progress on vaccinations and strong policy support, indicators of economic activity and employment have strengthened. The sectors most adversely ... |
 FOMC target funds rate maintained at 0.00% - 0.25% Posted: March 17, 2021 at 02:00 PM (Wednesday)The Federal Reserve is committed to using its full range of tools to support the U.S. economy in this challenging time, thereby promoting its maximum employment and price stability goals.
The COVID-19 pandemic is causing tremendous human and economic hardship across the United States and around the world. Following a moderation in the pace of the recovery, indicators of economic activity and employment have turned up recently, although the sectors most ... |
 FOMC target funds rate maintained at 0.00% - 0.25% Posted: January 27, 2021 at 02:00 PM (Wednesday)The Federal Reserve is committed to using its full range of tools to support the U.S. economy in this challenging time, thereby promoting its maximum employment and price stability goals.
The COVID-19 pandemic is causing tremendous human and economic hardship across the United States and around the world. The pace of the recovery in economic activity and employment has moderated in recent months, with weakness concentrated in the sectors most adversely ... |
 FOMC target funds rate maintained at 0.00% - 0.25% Posted: December 16, 2020 at 02:00 PM (Wednesday)The Federal Reserve is committed to using its full range of tools to support the U.S. economy in this challenging time, thereby promoting its maximum employment and price stability goals.
The COVID-19 pandemic is causing tremendous human and economic hardship across the United States and around the world. Economic activity and employment have continued to recover but remain well below their levels at the beginning of the year. Weaker demand and earlier ... |
 FOMC target funds rate maintained at 0.00% - 0.25% Posted: November 5, 2020 at 02:00 PM (Thursday)The Federal Reserve is committed to using its full range of tools to support the U.S. economy in this challenging time, thereby promoting its maximum employment and price stability goals.
The COVID-19 pandemic is causing tremendous human and economic hardship across the United States and around the world. Economic activity and employment have continued to recover but remain well below their levels at the beginning of the year. Weaker demand and earlier ... |
 FOMC target funds rate maintained at 0.00% - 0.25% Posted: September 16, 2020 at 02:00 PM (Wednesday)The Federal Reserve is committed to using its full range of tools to support the U.S. economy in this challenging time, thereby promoting its maximum employment and price stability goals.
The COVID-19 pandemic is causing tremendous human and economic hardship across the United States and around the world. Economic activity and employment have picked up in recent months but remain well below their levels at the beginning of the year. Weaker demand and ... |
 FOMC target funds rate maintained at 0.00% - 0.25% Posted: July 29, 2020 at 02:02 PM (Wednesday)The Federal Reserve is committed to using its full range of tools to support the U.S. economy in this challenging time, thereby promoting its maximum employment and price stability goals.
The coronavirus outbreak is causing tremendous human and economic hardship across the United States and around the world. Following sharp declines, economic activity and employment have picked up somewhat in recent months but remain well below their levels at the beginning ... |
 FOMC target funds rate maintained at 0.00% - 0.25% Posted: June 10, 2020 at 02:00 PM (Wednesday)The Federal Reserve is committed to using its full range of tools to support the U.S. economy in this challenging time, thereby promoting its maximum employment and price stability goals.
The coronavirus outbreak is causing tremendous human and economic hardship across the United States and around the world. The virus and the measures taken to protect public health have induced sharp declines in economic activity and a surge in job losses. Weaker demand and ... |
 FOMC target funds rate maintained at 0.00% - 0.25% Posted: April 29, 2020 at 02:00 PM (Wednesday)The Federal Reserve is committed to using its full range of tools to support the U.S. economy in this challenging time, thereby promoting its maximum employment and price stability goals.
The coronavirus outbreak is causing tremendous human and economic hardship across the United States and around the world. The virus and the measures taken to protect public health are inducing sharp declines in economic activity and a surge in job losses. Weaker demand and ... |
 Federal Reserve announces extensive new measures to support the economy Posted: March 23, 2020 at 08:00 AM (Monday)The Federal Reserve is committed to using its full range of tools to support households, businesses, and the U.S. economy overall in this challenging time. The coronavirus pandemic is causing tremendous hardship across the United States and around the world. Our nation's first priority is to care for those afflicted and to limit the further ... |
 FOMC target funds rate lowered by 1.00% to 0.00% - 0.25%, balance sheet expansion program started Posted: March 15, 2020 at 05:00 PM (Sunday)The coronavirus outbreak has harmed communities and disrupted economic activity in many countries, including the United States. Global financial conditions have also been significantly affected. Available economic data show that the U.S. economy came into this challenging period on a strong footing. Information received since the Federal ... |
 FOMC target funds rate lowered by 0.50% to 1.00% - 1.25% Posted: March 3, 2020 at 10:00 AM (Tuesday)The fundamentals of the U.S. economy remain strong. However, the coronavirus poses evolving risks to economic activity. In light of these risks and in support of achieving its maximum employment and price stability goals, the Federal Open Market Committee decided today to lower the target range for the federal funds rate by 1/2 percentage ... |
 FOMC target funds rate maintained at 1.50% - 1.75% Posted: January 29, 2020 at 02:00 PM (Wednesday)Information received since the Federal Open Market Committee met in December indicates that the labor market remains strong and that economic activity has been rising at a moderate rate. Job gains have been solid, on average, in recent months, and the unemployment rate has remained low. Although household spending has been rising at a ... |
 FOMC target funds rate maintained at 1.50% - 1.75% Posted: December 11, 2019 at 02:00 PM (Wednesday)Information received since the Federal Open Market Committee met in October indicates that the labor market remains strong and that economic activity has been rising at a moderate rate. Job gains have been solid, on average, in recent months, and the unemployment rate has remained low. Although household spending has been rising at a strong ... |
 FOMC target funds rate lowered to 1.50% - 1.75% Posted: October 30, 2019 at 02:00 PM (Wednesday)Information received since the Federal Open Market Committee met in September indicates that the labor market remains strong and that economic activity has been rising at a moderate rate. Job gains have been solid, on average, in recent months, and the unemployment rate has remained low. Although household spending has been rising at a ... |
 FOMC target funds rate lowered to 1.75% - 2.00% Posted: September 18, 2019 at 02:00 PM (Wednesday)Information received since the Federal Open Market Committee met in July indicates that the labor market remains strong and that economic activity has been rising at a moderate rate. Job gains have been solid, on average, in recent months, and the unemployment rate has remained low. Although household spending has been rising at a strong ... |
 FOMC target funds rate lowered to 2.00% - 2.25% Posted: July 31, 2019 at 02:00 PM (Wednesday)Information received since the Federal Open Market Committee met in June indicates that the labor market remains strong and that economic activity has been rising at a moderate rate. Job gains have been solid, on average, in recent months, and the unemployment rate has remained low. Although growth of household spending has picked up from ... |
 FOMC target funds rate maintained at 2.25% - 2.50% Posted: June 19, 2019 at 02:00 PM (Wednesday)Information received since the Federal Open Market Committee met in May indicates that the labor market remains strong and that economic activity is rising at a moderate rate. Job gains have been solid, on average, in recent months, and the unemployment rate has remained low. Although growth of household spending appears to have picked up ... |
 FOMC target funds rate maintained at 2.25% - 2.50% Posted: May 1, 2019 at 02:00 PM (Wednesday)Information received since the Federal Open Market Committee met in March indicates that the labor market remains strong and that economic activity rose at a solid rate. Job gains have been solid, on average, in recent months, and the unemployment rate has remained low. Growth of household spending and business fixed investment slowed in the ... |
 FOMC target funds rate maintained at 2.25% - 2.50% Posted: March 20, 2019 at 02:00 PM (Wednesday)Information received since the Federal Open Market Committee met in January indicates that the labor market remains strong but that growth of economic activity has slowed from its solid rate in the fourth quarter. Payroll employment was little changed in February, but job gains have been solid, on average, in recent months, and the ... |
 FOMC target funds rate maintained at 2.25% - 2.50% Posted: January 30, 2019 at 02:00 PM (Wednesday)Information received since the Federal Open Market Committee met in December indicates that the labor market has continued to strengthen and that economic activity has been rising at a solid rate. Job gains have been strong, on average, in recent months, and the unemployment rate has remained low. Household spending has continued to grow ... |
 FOMC target funds rate increased to 2.25% - 2.50% Posted: December 19, 2018 at 02:40 PM (Wednesday)Information received since the Federal Open Market Committee met in November indicates that the labor market has continued to strengthen and that economic activity has been rising at a strong rate. Job gains have been strong, on average, in recent months, and the unemployment rate has remained low. Household spending has continued to ... |
 FOMC target funds rate maintained at 2.00% - 2.25% Posted: November 8, 2018 at 02:00 PM (Thursday)Information received since the Federal Open Market Committee met in September indicates that the labor market has continued to strengthen and that economic activity has been rising at a strong rate. Job gains have been strong, on average, in recent months, and the unemployment rate has declined. Household spending has continued to grow ... |
 FOMC target funds rate increased to 2.00% - 2.25% Posted: September 26, 2018 at 02:00 PM (Wednesday)Information received since the Federal Open Market Committee met in August indicates that the labor market has continued to strengthen and that economic activity has been rising at a strong rate. Job gains have been strong, on average, in recent months, and the unemployment rate has stayed low. Household spending and business fixed investment ... |
 FOMC target funds rate maintained at 1.75% - 2.00% Posted: August 1, 2018 at 02:00 PM (Wednesday)Information received since the Federal Open Market Committee met in June indicates that the labor market has continued to strengthen and that economic activity has been rising at a strong rate. Job gains have been strong, on average, in recent months, and the unemployment rate has stayed low. Household spending and business fixed investment ... |
 FOMC target funds rate increased to 1.75% - 2.00% Posted: June 13, 2018 at 02:30 PM (Wednesday)Information received since the Federal Open Market Committee met in May indicates that the labor market has continued to strengthen and that economic activity has been rising at a solid rate. Job gains have been strong, on average, in recent months, and the unemployment rate has declined. Recent data suggest that growth of household spending ... |
 FOMC target funds rate maintained at 1.50% - 1.75% Posted: May 2, 2018 at 02:00 PM (Wednesday)Information received since the Federal Open Market Committee met in March indicates that the labor market has continued to strengthen and that economic activity has been rising at a moderate rate. Job gains have been strong, on average, in recent months, and the unemployment rate has stayed low. Recent data suggest that growth of ... |
 FOMC target funds rate increased to 1.50% - 1.75% Posted: March 21, 2018 at 02:00 PM (Wednesday)Information received since the Federal Open Market Committee met in January indicates that the labor market has continued to strengthen and that economic activity has been rising at a moderate rate. Job gains have been strong in recent months, and the unemployment rate has stayed low. Recent data suggest that growth rates of household spending ... |
 FOMC target funds rate maintained at 1.25% - 1.50% Posted: January 31, 2018 at 02:00 PM (Wednesday)Information received since the Federal Open Market Committee met in December indicates that the labor market has continued to strengthen and that economic activity has been rising at a solid rate. Gains in employment, household spending, and business fixed investment have been solid, and the unemployment rate has stayed low. On a 12-month ... |
 FOMC target funds rate increased at 1.25% - 1.50%, balance sheet reduction continues Posted: December 13, 2017 at 02:00 PM (Wednesday)Information received since the Federal Open Market Committee met in November indicates that the labor market has continued to strengthen and that economic activity has been rising at a solid rate. Averaging through hurricane-related fluctuations, job gains have been solid, and the unemployment rate declined further. Household spending has ... |
 FOMC target funds rate remain at 1.00% - 1.25%, balance sheet reduction program started Posted: November 1, 2017 at 02:00 PM (Wednesday)Information received since the Federal Open Market Committee met in September indicates that the labor market has continued to strengthen and that economic activity has been rising at a solid rate despite hurricane-related disruptions. Although the hurricanes caused a drop in payroll employment in September, the unemployment rate declined ... |
 FOMC target funds rate remain at 1.00% - 1.25%, announced balance sheet normalization program Posted: September 20, 2017 at 02:00 PM (Wednesday)Information received since the Federal Open Market Committee met in July indicates that the labor market has continued to strengthen and that economic activity has been rising moderately so far this year. Job gains have remained solid in recent months, and the unemployment rate has stayed low. Household spending has been expanding at a ... |
 FOMC target funds rate reaffirmed at 1.00% - 1.25% Posted: July 26, 2017 at 02:00 PM (Wednesday)Information received since the Federal Open Market Committee met in June indicates that the labor market has continued to strengthen and that economic activity has been rising moderately so far this year. Job gains have been solid, on average, since the beginning of the year, and the unemployment rate has declined. Household spending and ... |