Forex Fundamentals
Fed Interest Rate Decision (FOMC)

Fed Interest Rate Decision (FOMC) 3 May 2023

Fed Interest Rate Decision (FOMC) 3 May 2023: 5.25%, in line with the forecast and against 5% in March 2023 (first reported as 5.0%). It is the highest of the last 12 releases. It was released on Wed 3 May 2023 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
5.25%
Forecast
5.25%
The market consensus
Previous
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) 3 May 2023: 5.25% against a 5.25% 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) 3 May 2023: 5.25% vs 5.25% forecast (Federal Reserve). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/fomc/2023-05-03

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
3 May 2023—5.25%5.25%5%
22 Mar 2023—5.0%5.0%4.75%
1 Feb 2023—4.75%4.75%4.5%
14 Dec 2022—4.5%4.5%4%
2 Nov 2022—4%4%3.25%
21 Sep 2022—3.25%3.25%2.5%
27 Jul 2022—2.5%2.5%1.75%
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%
The release before:Fed Interest Rate Decision (FOMC) 22 March 2023The release after:Fed Interest Rate Decision (FOMC) 14 June 2023Fed Interest Rate Decision (FOMC): every recent resultThis week’s economic calendar