The Federal Reserve's Federal Open Market Committee maintained the target range for the federal funds rate to 3.75%–4%, according to its official decision dated 28 October 2026.
The range defines the monetary-policy interest-rate target set by the FOMC. This report describes the official decision rather than an estimate or a forecast.
The decision is relevant to dollar interest-rate expectations and to funding conditions. It does not by itself establish the direction of future interest rates, currency prices or financial markets.
Primary source: Federal Reserve monetary-policy release (28 October 2026).