Fed announces interest rate decision
The U.S. Federal Reserve (Fed) has announced its fourth interest rate decision of 2026. Accordingly, the Federal Open Market Committee (FOMC) kept the policy rate unchanged in the 3.50-3.75 percent range, in line with market expectations.
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The Fed implemented 25-basis-point interest rate cuts in each of its last 3 meetings of 2025.
The U.S. Federal Reserve had kept interest rates steady in its January, March, and April meetings.
Thus, with today's decision, it has opted to 'pass' for the 4th time.