Federal Reserve meeting —

At its 29 April 2026 meeting, the Federal Reserve held its policy rate at 3.00%. The decision passed 8-4. 4 members dissented.

Decision

hold — 3.00% to 3.00%

Vote: 8-4

Dissenters

Key passages

the Committee decided to maintain the target range for the federal funds rate at 3‑1/2 to 3‑3/4 percent.

No change in rates, in line with expectations.

In considering the extent and timing of additional adjustments to the target range for the federal funds rate, the Committee will carefully assess incoming data, the evolving outlook, and the balance of risks.

Standard conditional guidance, no explicit bias.

Meeting documents

Background reading

Previous meeting · Next meeting · Open the full decision workspace

The Cadence Brief

The one number that moved central bank pricing — delivered each weekday morning.

Free. One email a day. Unsubscribe anytime.