{
  "id": 7844382,
  "title": "Federal Reserve issues FOMC statement",
  "url": "https://urgent.news/2026/09/16/federal-reserve-issues-fomc-statement",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-16T18:00:00.000Z",
  "source": {
    "name": "Federal Reserve Board",
    "slug": "federal-reserve-board",
    "url": "https://www.federalreserve.gov/newsevents/pressreleases/monetary20260916a.htm"
  },
  "original_language": "en",
  "account": "The Federal Open Market Committee (FOMC) unanimously voted to raise the target range for the federal funds rate by 0.25 percentage points to a range of 3.75-4.00 percent. This decision was made in support of the Federal Reserve's dual mandate to promote maximum employment and price stability. The Committee maintains that the economy is expanding at a solid pace, despite elevated uncertainty due to geopolitical factors. Despite these challenges, domestic spending has remained resilient, and productivity growth has been strong, with capital investment also robust. Job gains have kept pace with the growing workforce, and the unemployment rate has changed little. However, inflation remains elevated. The Committee's policy move aims to facilitate a more timely return to its 2 percent inflation goal. For further information, media inquiries can be directed to [email protected] or by calling 202-452-2955.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "Federal Reserve Board",
        "title": "Federal Reserve Board and Federal Open Market Committee release economic projections from the September 15-16 FOMC meeting",
        "url": "https://urgent.news/2026/09/16/federal-reserve-board-and-federal-open-market-committee-release",
        "published": "2026-09-16T18:00:00.000Z"
      },
      {
        "outlet": "FXStreet",
        "title": "The Federal Reserve hikes back above Britain's cash rate",
        "url": "https://urgent.news/2026/09/16/the-federal-reserve-hikes-back-above-britains-cash-rate",
        "published": "2026-09-16T18:09:44.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}