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Federal Reserve issues FOMC statement
Federal Reserve Board · 2026-09-16
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<p class="article__time">September 16, 2026</p>
<h3 class="title">Federal Reserve issues FOMC statement</h3>
<p class="releaseTime">For release at 2:00 p.m. EDT
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<p>The Federal Open Market Committee approved the following statement for release by a 12 – 0 vote:</p>
<p>The Committee decided to raise the target range for the federal funds rate by 1/4 percentage point<strong> </strong>to 3-3/4<strong> </strong>to 4 percent, in support of the Federal Reserve's dual mandate. The Committee is continuing its policy of maintaining ample reserves in the banking system.</p>
<p>Economic activity is expanding at a solid pace. While uncertainty remains elevated owing, in part, to geopolitical developments,<strong> </strong>domestic spending has been resilient. Productivity growth is strong, and capital investment is robust. Job gains have kept pace with the workforce, and the unemployment rate has changed little.</p>
<p>Inflation remains elevated. Today's policy action will support a timelier return to the Committee's 2 percent goal. The Committee will deliver price stability.</p>
<p>For media inquiries, please email <a href="/cdn-cgi/l/email-protection#d1bcb4b5b8b091b7a3b3ffb6bea7"><span class="__cf_email__" data-cfemail="b0ddd5d4d9d1f0d6c2d29ed7dfc6">[email protected]</span></a> or call 202-452-2955.</p>
<p><a href="/newsevents/pressreleases/monetary20260916a1.htm">Implementation Note issued September 16, 2026</a></p>
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