Federal Reserve Board of Governors

Money Moves

Approved related rate increases

The Federal Reserve held its benchmark rate at 3.75% to 4% on Oct. 28, a pause after September's quarter-point increase, the first hike since 2023. A stronger-than-expected October jobs report on Nov. 6 pushed traders to price about an 80% chance of another quarter-point increase at the Dec. 8-9 meeting, up from roughly 67% a day earlier.

Updated Yesterday

Rule Changes

Reviewing bank ownership applications with comment deadlines from November 6 to December 2, 2026

The Federal Reserve's run of bank ownership notices has widened since late October. New filings cover Newington Bancshares in Georgia, Plains Acquisition Corporation in Texas, C3 Holdings in Wisconsin and a group seeking to retain shares of Baker Boyer Bancorp in Washington state.

Updated 2 days ago