Official 10Y 4.96% / 2Y 4.63%

If inflation is not moderating enough toward 2 percent, act decisively to raise rates. If it is, take more time. As-of Tue 1 Sep 2026. Federal Reserve.

The August CPI report had taken on outsized importance after Fed Chair Kevin Warsh two weeks ago suggested the central bank may have to act if inflation doesn't soon slow. As-of 2026-09-11 12:32 UTC.