Federal Reserve meeting —
At its 15 December 2021 meeting, the Federal Reserve held its policy rate at 0.00–1.00%. The decision passed 11-0.
Decision
hold — 0.00–1.00% to 0.00–1.00%
Vote: 11-0
Key passages
The Committee decided to keep the target range for the federal funds rate at 0 to 1/4 percent.
With inflation having exceeded 2 percent for some time, the Committee expects it will be appropriate to maintain this target range until labor market conditions have reached levels consistent with the Committee’s assessments of maximum employment.
Meeting documents
Background reading
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