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Federal Reserve Board's September 2026 Statement in Full
The Federal Reserve raised rates by 25 basis points to 3.75-4%, citing resilient spending and strong productivity, aiming for price stability.
16/09/2026 18:114 min read
The Federal Open Market Committee voted unanimously, 12–0, to approve the following statement for release:
In support of the Federal Reserve's dual mandate, the Committee decided to lift the target range for the federal funds rate by 1/4 percentage point, bringing it to 3-3/4 to 4 percent. The Committee continues to pursue its policy of ensuring ample reserves in the banking system.
Economic activity continues to grow at a solid pace. Although uncertainty remains elevated, partly due to geopolitical developments, domestic spending has remained resilient. Productivity growth is strong, and capital investment is robust. Job gains have kept pace with the workforce, and the unemployment rate has remained little changed.
Inflation is still high. This policy action is intended to support a more timely return to the Committee's 2 percent inflation goal, as the Committee works to achieve price stability.
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