“The US Federal Reserve held interest rates steady at a target range of 3.5% to 3.75%.”

Federal ReserveStatementApril 29, 2026Read the original

The Federal Open Market Committee statement after its 28-29 April 2026 meeting.

Our verdict

True

The Fed held its rate at 3.5% to 3.75% on 29 April 2026, its third hold in a row, with four dissents.

What we found

The FOMC kept the target range unchanged, citing higher energy prices; four members dissented, the most since 1992. The claim is accurate.

The evidence

2 of 2 sources support the claim; none contradict it.

Contradict 0Support 2Background 0

Supports the claim
The April 2026 FOMC meeting held rates at 3.50% to 3.75%. [1]
Supports the claim
Fed holds rates steady as the Powell era nears its finish line. [2]

How we checked

We checked the claim against FedRateCalc, Fox Business. We reviewed 2 relevant sources.

Sources

[1]FedRateCalc · FOMC meeting schedule, April 2026
[2]Fox Business · Fed holds rates steady as Powell era nears finish line

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