Fed’s September policy statement raises federal funds target by 1/4 point
The FOMC approved a statement by a 12–0 vote and decided to raise the federal funds rate target range by 1/4 percentage point to 3-3/4 to 4 percent.
m. EDT September 16, 2026 The Federal Open Market Committee approved the following statement for release by a 12 - 0 vote: 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 Reserv…