Available indicators suggest that economic activity has been expanding at a moderate pace. Job gains have slowed this year, and the unemployment rate has edged up through September. More recent indicators are consistent with these developments. Inflation has moved up since earlier in the year and remains somewhat elevated.The Committee seeks to achieve maximum employment and inflation at the rate of 2 percent over the longer run. Uncertainty about the economic outlook remains elevated. The Committee is atte ...

CONCLUDED Fed Cuts Rates by a Quarter Point, as Expected, and Sees 2 More Cuts This Year Read the FOMC Statement Recent indicators suggest that growth of economic activity moderated in the first half of the year. Job gains have slowed, and the unemployment rate has edged up but remains low. Inflation has moved up and remains somewhat elevated. The Committee seeks to achieve maximum employment and inflation at the rate of 2 percent over the longer run. Uncertainty about the economic outlook remains elevated. ...

The Federal Open Market Committee (FOMC) is wrapping up its final meeting of the year today. During these meetings, the committee assesses the health of the economy and potentially adjusts the federal funds rate. Read on to learn more about the timeline for this meeting, what it involves, and expected outcomes. Read more: Federal Reserve live coverage: Fed set to cut interest rates for third time this year, 2026 forecast in focus When is the next Fed meeting? The latest FOMC meeting is taking place on ...