Forex Fundamentals
Fed Interest Rate Decision (FOMC)

Fed Interest Rate Decision (FOMC) 16 March 2016

Fed Interest Rate Decision (FOMC) 16 March 2016: 0.5%, in line with the forecast and unchanged from 0.5% in January 2016. It was released on Wed 16 Mar 2016 at 18:00 UTC (2:00 PM ET).

These figures were verified on 4 Oct 2026 from the source: Federal Reserve. This page reports the release as published: the figures, the consensus forecast and what a print like it usually does to the currency.

Actual
0.5%
Forecast
0.5%
The market consensus
Previous
0.5%
As the source gives it

What a print like this usually does

In line with the forecast: The dollar may be little changed, but guidance can still move it if the expected path shifts.

Fed Interest Rate Decision (FOMC) 16 March 2016: 0.5% against a 0.5% forecast, with the last 6 releases
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Cite this release

If you cite this release, please link to this page:

Fed Interest Rate Decision (FOMC) 16 March 2016: 0.5% vs 0.5% forecast (Federal Reserve). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/fomc/2016-03-16

The last 6 releases · times in UTC
ReleasedForActualForecastPrevious
16 Mar 2016—0.5%0.5%0.5%
27 Jan 2016—0.5%0.5%0.5%
17 Jun 2015—0.25%0.25%0.25%
29 Apr 2015—0.25%—0.25%
18 Mar 2015—0.25%0.25%0.25%
28 Jan 2015—0.25%—0.25%
The release before:Fed Interest Rate Decision (FOMC) 27 January 2016The release after:Fed Interest Rate Decision (FOMC) 27 April 2016Fed Interest Rate Decision (FOMC): every recent resultThis week’s economic calendar