Fed Interest Rate Decision (FOMC)

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.

Actual
1.75%
Forecast
1.5%
The market consensus
Previous
1%
As the source gives it

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.

Fed Interest Rate Decision (FOMC) 15 June 2022: 1.75% against a 1.5% forecast, with the last 12 releases
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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

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
15 Jun 2022—1.75%1.5%1%
4 May 2022—1%1%0.5%
16 Mar 2022—0.5%0.5%0.25%
26 Jan 2022—0.25%0.25%0.25%
15 Dec 2021—0.25%0.25%0.25%
3 Nov 2021—0.25%0.25%0.25%
22 Sep 2021—0.25%0.25%0.25%
28 Jul 2021—0.25%0.25%0.25%
16 Jun 2021—0.25%0.25%0.25%
28 Apr 2021—0.25%0.25%0.25%
17 Mar 2021—0.25%0.25%0.25%
27 Jan 2021—0.25%0.25%0.25%