FOMC archives 11/07/2024 Fed lowers rate to 4-1/2 to 4-3/4 percent 09/18/2024 Fed lowers rate to 4-3/4 to 5 percent 07/31/2024 Fed rates unchanged at 5-1/4 to 5-1/2 percent 06/12/2024 Fed rates unchanged at 5-1/4 to 5-1/2 percent 05/01/2024 Fed rates unchanged at 5-1/4 to 5-1/2 percent 03/20/2024 Fed rates unchanged at 5-1/4 to 5-1/2 percent 01/31/2024 Fed rates unchanged at 5-1/4 to 5-1/2 percent 12/13/2023 Fed rates unchanged at 5-1/4 to 5-1/2 percent 11/01/2023 Fed rates unchanged at 5-1/4 to 5-1/2 percent 09/20/2023 Fed rates unchanged at 5-1/4 to 5-1/2 percent 07/26/2023 Fed rates raised to 5-1/4 to 5-1/2 percent 06/14/2023 Fed rates unchanged at 5 to 5-1/4 percent 05/03/2023 Fed rates raised to 5 to 5-1/4 percent 03/22/2023 Fed rates raised to 4-3/4 to 5 percent 02/01/2023 Fed rates raised to 4-1/2 to 4-3/4 percent 12/14/2022 Fed rates raised to 4-1/4 to 4-1/2 percent 11/02/2022 Fed rates raised to 3-3/4 to 4 percent 09/21/2022 Fed rates raised to 3 to 3-1/4 percent 07/27/2022 Fed rates raised to 2‑1/4 to 2-1/2 percent 06/15/2022 Fed rates raised to 1‑1/2 to 1-3/4 percent 05/04/2022 Fed rates raised to 3/4 - 1 percent 03/16/2022 Fed rates raised to 1/4 - 1/2 percent 01/26/2022 Fed rates unchanged 0 to 1/4 percent 12/15/2021 Fed rates unchanged 0 to 1/4 percent 11/03/2021 Fed rates unchanged 0 to 1/4 percent 09/22/2021 Fed rates unchanged 0 to 1/4 percent 07/28/2021 Fed rates unchanged 0 to 1/4 percent 06/16/2021 Fed rates unchanged 0 to 1/4 percent 04/28/2021 Fed rates unchanged 0 to 1/4 percent 03/17/2021 Fed rates unchanged 0 to 1/4 percent 01/27/2021 Fed rates unchanged 0 to 1/4 percent 12/16/2020 Fed rates unchanged 0 to 1/4 percent 11/05/2020 Fed rates unchanged 0 to 1/4 percent 09/16/2020 Fed rates unchanged 0 to 1/4 percent 07/29/2020 Fed rates unchanged 0 to 1/4 percent 06/10/2020 Fed rates unchanged 0 to 1/4 percent 04/29/2020 Fed rates unchanged 0 to 1/4 percent 03/15/2020 Fed lowers rate to 0 to 1/4 percent 03/03/2020 Fed lowers rate to 1 to 1-1/4 percent 01/29/2020 Fed rates unchanged 1-1/2 to 1-3/4 percent 12/11/2019 Fed rates unchanged 1-1/2 to 1-3/4 percent 10/30/2019 Fed lowers rate to 1-1/2 to 1-3/4 percent 09/18/2019 Fed lowers rate to 1-3/4 to 2 percent 07/31/2019 Fed lowers rate to 2 to 2-1/4 percent 06/19/2019 Fed rates unchanged 2-1/4 to 2-1/2 percent 05/01/2019 Fed rates unchanged 2-1/4 to 2-1/2 percent 03/20/2019 Fed rates unchanged 2-1/4 to 2-1/2 percent 12/19/2018 Fed rates increased to 2-1/4 to 2-1/2 percent 09/26/2018 Fed rates increased to 2 to 2-1/4 percent 08/01/2018 Fed rates unchanged 1-3/4 to 2 percent 06/13/2018 Fed rates increased to 1-3/4 to 2 percent 05/02/2018 Fed rates unchanged 1-1/2 to 1-3/4 percent 03/21/2018 Fed rates increased to 1-1/2 to 1-3/4 percent 01/31/2018 Fed rates unchanged [1-1/4 to 1-1/2 percent] 12/13/2017 Fed rates increased to 1-1/4 to 1-1/2 percent 09/20/2017 Fed rates unchanged [1 to 1-1/4 percent] 07/26/2017 Fed rates unchanged [1 to 1-1/4 percent] 06/14/2017 Fed raises rates to 1 to 1-1/4 percent 05/03/2017 Fed rates unchanged [3/4 - 1 percent] 03/15/2017 Fed rates raised to 3/4 - 1 percent 02/01/2017 Fed rates unchanged [1/2 - 3/4 percent] 12/14/2016 Fed rates raised to 1/2 - 3/4 percent 11/02/2016 Fed rates unchanged [1/4 - 1/2 percent] 09/21/2016 Fed rates unchanged [1/4 - 1/2 percent] 06/15/2016 Fed rates unchanged [1/4 - 1/2 percent] 04/27/2016 Fed rates unchanged [1/4 - 1/2 percent] 03/16/2016 Fed rates unchanged [1/4 - 1/2 percent] 01/27/2016 Fed rates unchanged [1/4 - 1/2 percent] 12/16/2015 Fed rates increased to 1/4 - 1/2 percent 10/28/2015 Fed rates unchanged [zero to 0.25% range] 09/17/2015 Fed rates unchanged [zero to 0.25% range] 07/29/2015 Fed rates unchanged [zero to 0.25% range] 06/17/2015 Fed rates unchanged [zero to 0.25% range] 04/29/2015 Fed rates unchanged [zero to 0.25% range] 03/18/2015 Fed rates unchanged [zero to 0.25% range] 01/28/2015 Fed rates unchanged [zero to 0.25% range] 12/17/2014 Fed rates unchanged [zero to 0.25% range] 10/29/2014 Fed rates unchanged [zero to 0.25% range] 09/17/2014 Fed rates unchanged [zero to 0.25% range] 06/18/2014 Fed rates unchanged [zero to 0.25% range] 04/30/2014 Fed rates unchanged [zero to 0.25% range] 03/19/2014 Fed rates unchanged [zero to 0.25% range] 01/29/2014 Fed rates unchanged [zero to 0.25% range] 12/18/2013 Fed rates unchanged [zero to 0.25% range] 10/30/2013 Fed rates unchanged [zero to 0.25% range] 09/18/2013 Fed rates unchanged [zero to 0.25% range] 07/31/2013 Fed rates unchanged [zero to 0.25% range] 06/19/2013 Fed rates unchanged [zero to 0.25% range] 05/01/2013 Fed rates unchanged [zero to 0.25% range] 03/20/2013 Fed rates unchanged [zero to 0.25% range] 01/30/2013 Fed rates unchanged [zero to 0.25% range] 12/12/2012 Fed rates unchanged [zero to 0.25% range] 10/24/2012 Fed rates unchanged [zero to 0.25% range] 09/13/2012 Fed rates unchanged [zero to 0.25% range] 08/01/2012 Fed rates unchanged [zero to 0.25% range] 06/20/2012 Fed rates unchanged [zero to 0.25% range] 04/25/2012 Fed rates unchanged [zero to 0.25% range] 03/13/2012 Fed rates unchanged [zero to 0.25% range] 01/25/2012 Fed rates unchanged [zero to 0.25% range] 11/02/2011 Fed rates unchanged [zero to 0.25% range] 09/21/2011 Fed rates unchanged [zero to 0.25% range] 08/09/2011 Fed rates unchanged [zero to 0.25% range] 06/22/2011 Fed rates unchanged [zero to 0.25% range] 04/27/2011 Fed rates unchanged [zero to 0.25% range] 03/15/2011 Fed rates unchanged [zero to 0.25% range] 01/26/2011 Fed rates unchanged [zero to 0.25% range] 12/14/2010 Fed rates unchanged [zero to 0.25% range] 11/03/2010 Fed rates unchanged [zero to 0.25% range] 09/21/2010 Fed rates unchanged [zero to 0.25% range] 08/10/2010 Fed rates unchanged [zero to 0.25% range] 06/24/2010 Fed rates unchanged [zero to 0.25% range] 04/28/2010 Fed rates unchanged [zero to 0.25% range] 03/16/2010 Fed rates unchanged [zero to 0.25% range] 01/27/2010 Fed rates unchanged [zero to 0.25% range] 12/16/2009 Fed rates unchanged [zero to 0.25% range] 11/04/2009 Fed rates unchanged [zero to 0.25% range] 09/23/2009 Fed rates unchanged [zero to 0.25% range] 08/12/2009 Fed rates unchanged [zero to 0.25% range] 06/24/2009 Fed rates unchanged [zero to 0.25% range] 04/29/2009 Fed rates unchanged [zero to 0.25% range] 12/16/2008 Fed lowers rates from 1% to a range of zero to 0.25% 10/29/2008 Fed lowers rates by 50bps to 1 percent 10/08/2008 Fed lowers rates by 50bps to 1-1/2 percent 09/16/2008 Federal funds rate unchanged at 2 percent 08/05/2008 Federal funds rate unchanged at 2 percent 06/25/2008 Federal funds rate unchanged at 2 percent 06/25/2008 Federal funds rate unchanged at 2 percent 04/30/2008 Fed lowers rates by 25bps to 2 percent 03/18/2008 Fed lowers rates by 75bps to 2-1/4 percent 01/30/2008 Fed lowers rates by 50bps to 3 percent 01/22/2008 Fed lowers rates by 75bps to 3-1/2 percent 12/11/2007 Fed lowers rates by 25bps to 4-1/4 percent 10/31/2007 Fed lowers rates by 25bps to 4-1/2 percent 09/18/2007 Fed lowers rates by 50bps to 4-3/4 percent 08/07/2007 Federal funds rate unchanged at 5-1/4 percent 06/28/2007 Federal funds rate unchanged at 5-1/4 percent 05/09/2007 Federal funds rate unchanged at 5-1/4 percent 03/21/2007 Federal funds rate unchanged at 5-1/4 percent 01/31/2007 Federal funds rate unchanged at 5-1/4 percent 12/12/2006 Federal funds rate unchanged at 5-1/4 percent 10/25/2006 Federal funds rate unchanged at 5-1/4 percent 09/20/2006 Federal funds rate unchanged at 5-1/4 percent 08/08/2006 Federal funds rate unchanged at 5-1/4 percent 06/29/2006 Fed raises rates by 25bps to 5-1/4 percent 05/10/2006 Fed raises rates by 25bps to 5 percent 03/28/2006 Fed raises rates by 25bps to 4-3/4 percent 01/31/2006 Fed raises rates by 25bps to 4-1/2 percent