United States · Official update
Minutes of the Federal Open Market Committee, September 15-16, 2026
The Federal Reserve on Wednesday released the minutes of the Federal Open Market Committee meeting that was held on September 15–16, 2026.
The minutes for each regularly scheduled meeting of the Committee are generally published three weeks after the day of the policy decision. The descriptions of economic and financial conditions contained in these minutes are based solely on the information that was available to the Committee at the time of the meeting.
The minutes can be viewed on the Board's website.
Minutes of Federal Open Market Committee September 15–16, 2026: HTML | PDF
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What the PDF says
Minutes of the Federal Open Market Committee, September 15-16, 2026
AI-generated summary · 15-page source document
The September 2026 FOMC meeting minutes reflect increasing inflation pressures, stable labor market conditions, and the decision to raise the federal funds rate to curb inflation, with expectations for further adjustments depending on economic conditions.
Key points
Inflation Trends
the staff estimated that price inflation—as measured by the 12-month change in the price index for total personal consumption expenditures (PCE)—edged up to 3.8 percent in August
Source: PDF page 4Labor Market Conditions
Labor market conditions continued to be broadly stable with some signs of gradual tightening.
Source: PDF page 4Federal Funds Rate Decision
all members agreed to raise the target range for the federal funds rate ¼ percentage point to 3¾ to 4 percent
Source: PDF page 10
What this means
These minutes provide insights into the Federal Reserve's assessment of economic conditions, focusing on inflation trends, labor market stability, and policy adjustments. Understanding these aspects can help the public grasp the central bank's role in managing the economy and its implications for financial markets and consumer behavior.
Key term: Federal Funds Rate
The interest rate at which depository institutions lend reserve balances to other depository institutions overnight on an uncollateralized basis.
AI-generated from the source PDF. Verify important details in the original. Generated October 27, 2026. Read source PDF
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Source & attribution
Source: Federal Reserve. Text reproduced in DailyMIQ’s reading format. Images, charts, navigation, and media contact details are omitted. The source does not endorse DailyMIQ. The original is available free of charge.
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