Recorded event
Half-point cut lowers the target range
The FOMC cut its target range by 0.5 percentage points to 4.75%-5.00%.
Read context
The statement cited inflation progress and the balance of employment and inflation risks.
All timelines
Federal Reserve: rate cuts and the September 2026 increase
Follow 17 Federal Reserve rate decisions from September 2024 through September 2026, including holds between cuts and the later increase. Each decision links to its original FOMC statement.
Reviewed 9/21/2026
Scheduled policy decisions from September 18, 2024 through September 16, 2026. All 17 statements are from one primary publisher, the Federal Reserve; they are not independent assessments or forecasts.
Dates without a time use the local date of the event.
Recorded event
Quarter-point cut sets a 4.50%-4.75% range
The FOMC reduced the federal funds target range by 0.25 percentage points to 4.50%-4.75%.
Read context
The entry records the committee decision announced on this date. The linked statement also sets out its economic assessment and conditions for future adjustments.
Recorded event
Quarter-point cut sets a 4.25%-4.50% range
The FOMC reduced the federal funds target range by 0.25 percentage points to 4.25%-4.50%.
Read context
The entry records the committee decision announced on this date. The linked statement also sets out its economic assessment and conditions for future adjustments.
Recorded event
Rate range held at 4.25%-4.50%
The FOMC kept the federal funds target range at 4.25%-4.50%. This meeting left the policy rate unchanged.
Read context
The entry records the committee decision announced on this date. The linked statement also sets out its economic assessment and conditions for future adjustments.
Recorded event
Rate range held at 4.25%-4.50%
The FOMC kept the federal funds target range at 4.25%-4.50%. This meeting left the policy rate unchanged.
Read context
The entry records the committee decision announced on this date. The linked statement also sets out its economic assessment and conditions for future adjustments.
Recorded event
Rate range held at 4.25%-4.50%
The FOMC kept the federal funds target range at 4.25%-4.50%. This meeting left the policy rate unchanged.
Read context
The entry records the committee decision announced on this date. The linked statement also sets out its economic assessment and conditions for future adjustments.
Recorded event
Rate range held at 4.25%-4.50%
The FOMC kept the federal funds target range at 4.25%-4.50%. This meeting left the policy rate unchanged.
Read context
The entry records the committee decision announced on this date. The linked statement also sets out its economic assessment and conditions for future adjustments.
Recorded event
Rate range held at 4.25%-4.50%
The FOMC kept the federal funds target range at 4.25%-4.50%. This meeting left the policy rate unchanged.
Read context
The entry records the committee decision announced on this date. The linked statement also sets out its economic assessment and conditions for future adjustments.
Recorded event
A quarter-point cut sets a 4.00%-4.25% range
The FOMC lowered its target range by 0.25 percentage points to 4.00%-4.25%.
Read context
The committee cited increased downside risks to employment. This is the decision date, not the next day's implementation date.
Recorded event
Quarter-point cut sets a 3.75%-4.00% range
The FOMC reduced the federal funds target range by 0.25 percentage points to 3.75%-4.00%.
Read context
The entry records the committee decision announced on this date. The linked statement also sets out its economic assessment and conditions for future adjustments.
Recorded event
Quarter-point cut sets a 3.50%-3.75% range
The FOMC reduced the federal funds target range by 0.25 percentage points to 3.50%-3.75%.
Read context
The entry records the committee decision announced on this date. The linked statement also sets out its economic assessment and conditions for future adjustments.
Recorded event
Rate range held at 3.50%-3.75%
The FOMC kept the federal funds target range at 3.50%-3.75%. This meeting left the policy rate unchanged.
Read context
The entry records the committee decision announced on this date. The linked statement also sets out its economic assessment and conditions for future adjustments.
Recorded event
Rate range held at 3.50%-3.75%
The FOMC kept the federal funds target range at 3.50%-3.75%. This meeting left the policy rate unchanged.
Read context
The entry records the committee decision announced on this date. The linked statement also sets out its economic assessment and conditions for future adjustments.
Recorded event
Rate range held at 3.50%-3.75%
The FOMC kept the federal funds target range at 3.50%-3.75%. This meeting left the policy rate unchanged.
Read context
The entry records the committee decision announced on this date. The linked statement also sets out its economic assessment and conditions for future adjustments.
Recorded event
Rate range held at 3.50%-3.75%
The FOMC kept the federal funds target range at 3.50%-3.75%. This meeting left the policy rate unchanged.
Read context
The entry records the committee decision announced on this date. The linked statement also sets out its economic assessment and conditions for future adjustments.
Recorded event
Rate range held at 3.50%-3.75%
The FOMC kept the federal funds target range at 3.50%-3.75%. This meeting left the policy rate unchanged.
Read context
The entry records the committee decision announced on this date. The linked statement also sets out its economic assessment and conditions for future adjustments.
Recorded event
Quarter-point increase brings the range to 3.75%-4.00%
The FOMC raised the target range by 0.25 percentage points to 3.75%-4.00% in a unanimous decision.
Read context
The committee attributed this increase to elevated inflation. The earlier entries show the intervening holds and cuts rather than treating the selected increases as consecutive changes.
Through 9/16/2026
Scheduled policy decisions from September 18, 2024 through September 16, 2026. All 17 statements are from one primary publisher, the Federal Reserve; they are not independent assessments or forecasts.