Fed interest rate decision is now released: 25 bp hike.
What the Fed Interest Rate Decision Means for Markets
Investors will compare the decision with expectations and assess the Committee’s language on the path of inflation and employment. Treasury yields, the dollar and stocks may react not only to the rate change itself, but also to what the statement implies about future meetings.
The Fed’s official FOMC meeting page is the primary source for the statement and related materials. The September meeting also includes an updated Summary of Economic Projections, which may provide additional context on policymakers’ rate and economic outlook.
Powell Press Conference Follows at 2:30 p.m. ET
A press conference is scheduled for 2:30 p.m. Eastern time. This article reports the policy decision and statement available at 2 p.m.; comments made later in the press conference should be added only after they are delivered and verified.
