Finance
Fed raises federal funds target range to 3.75–4%
The 16 September decision was unanimous as the FOMC described solid activity and elevated inflation.
Article subject labels can be suggestions and are not editorial confirmation.
The 16 September decision was unanimous as the FOMC described solid activity and elevated inflation.
The deposit rate moves to 2.50%; new projections put 2027 inflation at 2.5% and growth at 1.4%.
The 17 September document sets out the committee’s 10 September assessment and diverging price indicators.
The overnight corridor was unchanged as the committee weighed inflation trends, domestic demand and geopolitical energy costs.
The programme projects 5% growth and 9% inflation for 2029; these are official forecasts and targets, not achieved results.