{
  "data": {
    "id": "federal-reserve-2026-04-29",
    "bank": "federal-reserve",
    "bankName": "Federal Reserve (Federal Open Market Committee)",
    "country": "US",
    "date": "2026-04-29",
    "announceAt": "2026-04-29T18:00:00Z",
    "timezone": "America/New_York",
    "dateStatus": "published",
    "movedFrom": null,
    "rateBefore": 3.75,
    "step": 0.25,
    "calendarSource": "https://www.federalreserve.gov/monetarypolicy/fomccalendars.htm",
    "citation": "FOMC calendar: April 28-29 meeting; 2 p.m. Eastern per the 2025-2026 schedule release. Statement header: \"For release at 2:00 p.m. EDT\" (UTC-4); RSS pubDate 18:00 GMT.",
    "settleSource": {
      "role": "decision-statement",
      "pattern": "https://www.federalreserve.gov/newsevents/pressreleases/monetary<YYYYMMDD>a.htm",
      "foundAt": "https://www.federalreserve.gov/monetarypolicy/fomccalendars.htm",
      "example": "https://www.federalreserve.gov/newsevents/pressreleases/monetary20260916a.htm",
      "resolvable": false,
      "reads": {
        "right": 0,
        "wrong": 0,
        "void": 0
      }
    },
    "observed": {
      "at": "2026-04-29T18:00:00Z",
      "rateBefore": 3.75,
      "rateAfter": 3.75,
      "direction": "hold",
      "statement": "https://www.federalreserve.gov/newsevents/pressreleases/monetary20260429a.htm",
      "observed": true
    },
    "page": "https://macroindex.org/bank/federal-reserve/decision/2026-04-29",
    "account": {
      "summary": "The Federal Open Market Committee kept the target range for the federal funds rate at 3-1/2 to 3-3/4 percent.",
      "vote": "8–4",
      "dissent": "Stephen I. Miran preferred a 1/4 percentage point cut, while Beth M. Hammack, Neel Kashkari and Lorie K. Logan supported the hold but objected to the easing bias in the statement.",
      "reasons": [
        "The Committee said inflation was elevated, in part reflecting the recent increase in global energy prices.",
        "It said economic activity had been expanding at a solid pace, while job gains had remained low on average and the unemployment rate had been little changed.",
        "It said developments in the Middle East were contributing to a high level of uncertainty about the economic outlook."
      ],
      "guidance": "The Committee said that, in considering the extent and timing of further adjustments to the target range, it would carefully assess incoming data, the evolving outlook and the balance of risks.",
      "quote": "Inflation is elevated, in part reflecting the recent increase in global energy prices.",
      "links": [
        {
          "label": "Minutes",
          "url": "https://www.federalreserve.gov/monetarypolicy/fomcminutes20260429.htm"
        },
        {
          "label": "Press conference",
          "url": "https://www.federalreserve.gov/monetarypolicy/fomcpresconf20260429.htm"
        }
      ],
      "readFrom": [
        "https://www.federalreserve.gov/newsevents/pressreleases/monetary20260429a.htm"
      ],
      "at": "2026-10-10"
    }
  },
  "meta": {
    "dataset_version": "2026-10-10.30752eb2",
    "built_at": "2026-10-10T18:04:32Z",
    "generated_at": "2026-10-10T20:36:53.933Z",
    "licence": "CC BY 4.0: credit \"Macro Index\" and link to the site",
    "docs": "https://macroindex.org/openapi.json"
  }
}