Federal Reserve Ends Powell Era Holding the Fed Funds Rate at 3,505/3.75% "The Federal Reserve held rates at 3.50% to 3.75%. Economic data related to employment and inflation has been very little changed over the last couple of months so it came to nobody's surprise that the Fed has held its target rate where it is.
The separate question is whether the Fed may need to raise interest rates as inflation expections are increasing as a result the dramatic rise in oil prices from the war in Iran.
While the Fed did not change its statement to move to "
Federal Reserve Concludes March 2026 Meeting Holding Rates Steady "The US Federal Reserve has held the US Fed funds rate at a 3.50% to 3.75% target. Stephen Miran dissented. Otherwise the vote was unanimous.
The Fed's statement sees uncertainty on both of its dual mandates - to create price stability and to maximize employment.
Oddly, the Fed is using the word uncertainty to describe why it is holding steady for now, but its projections seem to show very little concern that the economy is at risk for real moves.
On the price stability side, the "