The US Federal Reserve, the American central bank, on Wednesday, at its first meeting in 2026, kept its main interest rate in a range of 3.5% to 3.75%. The Federal Reserve Board left rates unchanged at a range of 3.50% to 3.75%. The central bank justified its decision by the persistently high inflation levels coupled with strong economic growth, while it refrained from providing any indications about the potential timing for resuming monetary easing. The US regulator reported that the decision to keep rates steady was approved by 10 members of the board, while two members preferred to cut the rate by 25 basis points.
US Fed Keeps Interest Rates Unchanged
The US Federal Reserve kept its key interest rate in the 3.5-3.75% range at its first meeting in 2026, citing high inflation and strong economic growth. The decision was supported by a majority vote.