Fed Interest Rate Decision (FOMC) 15 June 2022
Fed Interest Rate Decision (FOMC) 15 June 2022: 1.75%, above the 1.5% forecast and up from 1% in May 2022. It is the highest of the last 12 releases. 1 of the last 12 releases came in above the forecast. It was released on Wed 15 Jun 2022 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.
What a print like this usually does
Above the forecast: A rate increase or more restrictive decision than markets expect usually strengthens the dollar, often sharply if the surprise is large.

Cite this release
If you cite this release, please link to this page:
Fed Interest Rate Decision (FOMC) 15 June 2022: 1.75% vs 1.5% forecast (Federal Reserve). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/fomc/2022-06-15