“The FOMC holds eight regularly scheduled meetings per year.” Each meeting of the Federal Reserve’s rate-setting committee ends with a published statement that gives the decision and the vote.
After the meeting of October 28, 2026, the statement read: “The Committee decided to maintain the target range for the federal funds rate at 3-3/4 to 4 percent.” It was approved “by a 10 – 2 vote.” The dissenters were named: “Voting against the monetary policy action were Lisa D. Cook and Beth M. Hammack.”