Federal Reserve meeting —

At its 16 September 2026 meeting, the Federal Reserve raised its policy rate from 3.50–3.75% to 3.75–4.00%. The decision passed 12-0.

Decision

hike — 3.50–3.75% to 3.75–4.00%

Vote: 12-0

Key passages

The Federal Open Market Committee approved the following statement for release by a 12 – 0 vote:

Unanimous 12–0 vote signals no internal split, so the tightening bias carries full Committee weight.

The Committee decided to raise the target range for the federal funds rate by 1/4 percentage point to 3-3/4 to 4 percent, in support of the Federal Reserve's dual mandate.

The policy action itself: another 25bp hike takes the funds rate to 3.75–4%, extending the tightening cycle.

Meeting documents

Background reading

Previous meeting · Open the full decision workspace

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