Banks › Federal Reserve › History › 17 Jun 2026
Federal Reserve: decision of 17 June 2026
The Federal Open Market Committee kept the target range for the federal funds rate at 3-1/2 to 3-3/4 percent.
Decision
hold
- Rate
- 3.75%=3.75%
- Change
- 0 bp
- Vote
- 12–0
- Announced
- 14:00 New York time
Sources
- Statement
- federalreserve.gov/newsevents/pressreleases/mone…
- Minutes
- federalreserve.gov/monetarypolicy/fomcminutes202…
- Press conference
- federalreserve.gov/monetarypolicy/fomcpresconf20…
- Summary of Economic Projections
- federalreserve.gov/monetarypolicy/fomcprojtabl20…
- Recorded
- 17 Jun 2026
- Data
- JSON
What the bank said
The Committee said economic activity was expanding at a solid pace despite elevated uncertainty owing in part to the conflict in the Middle East, with strong productivity growth and capital investment.
It said job gains had kept pace with the workforce and the unemployment rate had changed little.
It said inflation remained elevated relative to its 2 percent goal, in part reflecting supply shocks that had driven up prices in sectors including energy.
“The Committee will deliver price stability.”
Before and after
- Previous decision: 29 Apr 2026, held the federal funds rate at 3.75%.
- Next decision: 29 Jul 2026, held the federal funds rate at 3.75%.
- All Federal Reserve decisions and the rate history