FOMC Releases

The coronavirus outbreak is causing tremendous human and economic hardship
across the United States and around the world.

The Federal Reserve will continue to purchase Treasury
securities and agency mortgage-backed securities in the amounts needed to support smooth
market functioning and effective transmission of monetary policy to broader financial conditions.

The coronavirus outbreak has harmed communities and disrupted economic activity in many countries, including the United States. In light of these developments, the Committee decided to lower the target range for the federal funds rate to 0 to 1/4 percent.

...the coronavirus poses evolving risks to economic activity. In light of these risks and in support of achieving its maximum employment and price stability goals, the Federal Open Market Committee decided today to lower the target range for the federal funds rate by 1/2 percentage point, to 1 to 1‑1/4 percent. 

The Committee decided to maintain the target range for the federal funds rate at 1--1/2 to 1-3/4 percent.

Information received since the Federal Open Market Committee met in October indicates that the labor market remains strong and that economic activity has been rising at a moderate rate.

In light of the implications of global developments for the economic outlook as well as muted inflation pressures, the Committee decided to lower the target range for the federal funds rate to 1-1/2 to 1-3/4 percent.

The FOMC has chosen to lower the target range for the federal funds rate to 1-3/4 to 2 percent.

The FOMC has chosen to lower the target range for the federal funds rate to 2 to 2-1/4 percent. Economic activity continued rising at a moderate rate since June’s meeting, the labor market remains strong and unemployment remain low.

Information received since the Federal Open Market Committee met in May indicates that the labor market remains strong and that economic activity is rising at a moderate rate.