Skip to Content The U.S. Federal Reserve sees core inflation at 3.3 per cent by end of 2026, up from 2.7 per cent forecast in March The US Federal Reserve Building in Washington, DC, May 3, 2023. Here are key takeaways from the Federal Reserve’s interest-rate decision on Wednesday: Sign In or Create an Account Federal Open Market Committee votes unanimously to leave its benchmark interest rate in a target range of 3.5 per cent-3.75 per cent We apologize, but this video has failed to load.