The full statement from the March 2026 FOMC rate decision
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The Federal Reserve's FOMC statement on March 18, 2026, indicates solid economic expansion, with low job gains and a stable unemployment rate. Inflation remains elevated. The Committee maintains the federal funds rate target range at 3.5% to 3.75%, emphasizing its commitment to maximum employment and a 2% inflation goal. The Committee will assess incoming data and risks to adjust monetary policy as needed. Voting in favor were 11 members, while Stephen I. Miran voted against, advocating for a rate decrease.
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