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
- Stephen Miran — preferred cut
- Beth Hammack — preferred hold
- Neel Kashkari — preferred hold
- Lorie Logan — preferred hold
Key passages
the Committee decided to maintain the target range for the federal funds rate at 3‑1/2 to 3‑3/4 percent.
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.
Meeting documents
Background reading
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