Fed keeps its policy-rate range at 3.75%–4%
The Federal Reserve’s October 28 statement says the FOMC voted 10–2 to maintain the federal funds target range at 3.75% to 4%.
What the record says
The committee described economic activity as expanding strongly, while inflation remained elevated. The two dissenting members preferred a quarter-percentage-point increase. The statement says additional information will help determine the policy stance needed to return inflation to its 2% goal.
Source details and supporting locations.
Practical next step
Read the Federal Reserve’s statement for the decision and its economic assessment.
Limits and what is not established
This reports the announced policy decision. It does not predict future rate moves or the rates charged on an individual loan or savings product.
Sources checked October 29, 2026. Later notices may change instructions or arrangements.
Original sources
Federal Reserve: original information