Federal Reserve Board of Governors

Stories

Fed holds rates at 3.75%-4% after September's first hike since 2023

Approved related rate increases

The Federal Reserve held its benchmark rate at 3.75% to 4% on Oct. 28, a pause after September's quarter-point increase, the first hike since 2023. Governor Lisa Cook and Cleveland Fed President Beth Hammack dissented, wanting another quarter-point increase.

Updated 3 days ago

Federal Reserve opens comment period on bank holding company applications

Rule Changes

Reviewing bank ownership applications with comment deadlines from November 6 to November 20, 2026

The Federal Reserve is taking public comments on a run of bank ownership changes. Notices published October 8 and 9 covered a Louisiana employee stock ownership trust, an Oklahoma family control group and a Washington state investor.

Updated Oct 26