{
  "data": {
    "id": "federal-reserve-2026-09-16",
    "bank": "federal-reserve",
    "bankName": "Federal Reserve (Federal Open Market Committee)",
    "country": "US",
    "date": "2026-09-16",
    "announceAt": "2026-09-16T18:00:00Z",
    "timezone": "America/New_York",
    "dateStatus": "published",
    "movedFrom": null,
    "rateBefore": 3.75,
    "step": 0.25,
    "calendarSource": "https://www.federalreserve.gov/monetarypolicy/fomccalendars.htm",
    "citation": "FOMC calendar: September 15-16 meeting (SEP meeting); 2 p.m. Eastern per the 2025-2026 schedule release. Statement header: \"For release at 2:00 p.m. EDT\" (UTC-4); RSS pubDate 18:00 GMT.",
    "settleSource": {
      "role": "decision-statement",
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      "foundAt": "https://www.federalreserve.gov/monetarypolicy/fomccalendars.htm",
      "example": "https://www.federalreserve.gov/newsevents/pressreleases/monetary20260916a.htm",
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        "right": 0,
        "wrong": 0,
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      }
    },
    "observed": {
      "at": "2026-09-16T18:00:00Z",
      "rateBefore": 3.75,
      "rateAfter": 4,
      "direction": "raise",
      "statement": "https://www.federalreserve.gov/newsevents/pressreleases/monetary20260916a.htm",
      "observed": true
    },
    "page": "https://macroindex.org/bank/federal-reserve/decision/2026-09-16",
    "account": {
      "summary": "The Federal Open Market Committee raised the target range for the federal funds rate by 1/4 percentage point to 3-3/4 to 4 percent.",
      "vote": "12–0",
      "reasons": [
        "The Committee said inflation remained elevated and that the increase would support a timelier return to its 2 percent goal.",
        "It said economic activity was expanding at a solid pace and domestic spending had been resilient, although uncertainty remained elevated owing in part to geopolitical developments.",
        "It said job gains had kept pace with the workforce and the unemployment rate had changed little."
      ],
      "quote": "Today's policy action will support a timelier return to the Committee's 2 percent goal.",
      "links": [
        {
          "label": "Minutes",
          "url": "https://www.federalreserve.gov/monetarypolicy/fomcminutes20260916.htm"
        },
        {
          "label": "Press conference",
          "url": "https://www.federalreserve.gov/monetarypolicy/fomcpresconf20260916.htm"
        },
        {
          "label": "Summary of Economic Projections",
          "url": "https://www.federalreserve.gov/monetarypolicy/fomcprojtabl20260916.htm"
        }
      ],
      "readFrom": [
        "https://www.federalreserve.gov/newsevents/pressreleases/monetary20260916a.htm"
      ],
      "at": "2026-10-10"
    }
  },
  "meta": {
    "dataset_version": "2026-10-10.30752eb2",
    "built_at": "2026-10-10T18:04:32Z",
    "generated_at": "2026-10-10T21:49:34.156Z",
    "licence": "CC BY 4.0: credit \"Macro Index\" and link to the site",
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}