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Fed Watch

FOMC Wed 16: +25bp to 3¾–4% — 12–0

FOMC statement. For release 2:00 p.m. EDT September 16, 2026. Primary https://www.federalreserve.gov/newsevents/pressreleases/monetary20260916a.htm.

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The north face of the Marriner S. Eccles Federal Reserve Board Building (commonly known as the Eccles Building or Federal Reserve Building), located on the 2000 block of C Street, N.W. , in the Foggy Bottom neighborhood of Washington, D.C.
File photograph. Image credit: AgnosticPreachersKid / Wikimedia Commons · CC BY-SA 3.0. Display may be cropped.

The Federal Open Market Committee raised the target range for the federal funds rate 1/4 percentage point to 3-3/4 to 4 percent.

The decision was approved by a 12–0 vote.

Primary is https://www.federalreserve.gov/newsevents/pressreleases/monetary20260916a.htm — For release 2:00 p.m. EDT September 16, 2026.

Summary of Economic Projections companion: https://www.federalreserve.gov/newsevents/pressreleases/monetary20260916b.htm.

As-of Wed 16 Sep 2026. Federal Reserve.

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