Overview
The Federal Reserve's monetary policy committee. Meets 8 times per year to set the federal funds rate target range.
Meeting summary (published 2026-05-20)
The Committee kept the federal funds target range at 3.50–3.75%. The decision drew four dissents: one participant favored a 0.25pp cut, while three others supported holding rates but objected to more accommodative language. Participants characterized economic activity as expanding solidly, with average monthly job gains having slowed and the unemployment rate roughly unchanged. Inflation was described as remaining elevated, partly reflecting higher global energy prices. Participants said they would assess incoming data, the evolving outlook, and the balance of risks carefully, and stood ready to adjust the stance of policy as appropriate if risks emerged that could impede attainment of the Committee's goals.
Past meetings
Release history (official values)
| Period | Value | Measure | Released | Source |
|---|---|---|---|---|
| — | — | — | 2026-09-01 | fomc_calendar |