FOMC · Tuesday, September 15, 2026
Fed rate meeting opens today
The File desk · Sep 15, 2026, 2:16 PM UTC
Status
Confirmed from the Federal Reserve Federal Open Market Committee calendars page listing September 15–16, 2026, with a Summary of Economic Projections; a closed Board meeting notice for Sept. 15; no new policy statement yet.
The Federal Reserve’s rate-setting committee starts a two-day meeting today. The Board’s Federal Open Market Committee calendars page lists September 15–16, 2026, with a star marking a Summary of Economic Projections meeting. That is when the Fed could next change rates. A separate closed Board meeting notice for Sept. 15 at 10:30 a.m. lists discussion of monetary policy issues. No new policy statement has printed yet for this meeting; the statement and projections usually come on the second day. Friday’s Consumer Price Index for August remains the last major Bureau of Labor Statistics inflation print before the decision: the all-items index rose 0.4 percent in August after seasonal adjustment and was up 3.4 percent over 12 months. FRED’s seasonally adjusted CPI series still shows August 2026 as the latest observation, updated Sept. 11, with the next release Oct. 14, 2026. No new Bureau of Labor Statistics print overnight.
The Federal Reserve’s rate-setting committee starts a two-day meeting today.
The Board’s Federal Open Market Committee calendars page lists September 15–16, 2026. A star marks it as a Summary of Economic Projections meeting.
That sitting is when the Fed could next change rates. This desk does not forecast a hike, a cut, or a hold.
A separate closed Board meeting notice for Sept. 15 at 10:30 a.m. lists discussion of monetary policy issues.
No new policy statement has printed yet for this meeting. The statement and projections usually come on the second day.
Friday’s Consumer Price Index for August is still the last major Bureau of Labor Statistics inflation print before the decision. The all-items index rose 0.4 percent in August after seasonal adjustment and was up 3.4 percent over 12 months.
The Federal Reserve Bank of St. Louis FRED series for the seasonally adjusted Consumer Price Index for All Urban Consumers still shows August 2026 as the latest observation, value 334.131, updated Sept. 11. The next Consumer Price Index release is Wednesday, Oct. 14, 2026, at 8:30 a.m. Eastern.
No new Bureau of Labor Statistics print overnight.
What is still unknown or disputed
- Whether the committee raises, holds, or cuts rates, and what the new projections show, will not be known until the statement and materials print after the meeting.
Primary sources
Every claim in this story is drawn from the documents below. If a fetch failed, that is recorded on the card.
Source 1
Meeting calendars and information (2026 FOMC Meetings)
Board of Governors of the Federal Reserve System · checked 2026-09-15
2026 FOMC Meetings … September 15-16* … * Meeting associated with a Summary of Economic Projections.
https://www.federalreserve.gov/monetarypolicy/fomccalendars.htm
Source 2
September 15, 2026 — Closed Board Meeting
Board of Governors of the Federal Reserve System · 2026-09-10 (meeting 2026-09-15)
Closed meeting anticipated 10:30 a.m. Tuesday, September 15, 2026; Matter(s) to be Considered: Discussion of Monetary Policy Issues.
https://www.federalreserve.gov/aboutthefed/boardmeetings/20260915closed.htm
Source 3 · fetch incomplete
CONSUMER PRICE INDEX — AUGUST 2026 (USDL-26-1496)
U.S. Bureau of Labor Statistics · September 11, 2026
Live page returned HTTP 403 this pass. See Internet Archive capture.
https://www.bls.gov/news.release/archives/cpi_09112026.htm
Source 4
CONSUMER PRICE INDEX — AUGUST 2026 (Internet Archive capture of USDL-26-1496)
Internet Archive / U.S. Bureau of Labor Statistics · September 11, 2026
CPI-U +0.4% SA Aug.; +3.4% over 12 months; next release Oct. 14, 2026, 8:30 a.m. ET.
https://web.archive.org/web/20260913072309/https://www.bls.gov/news.release/archives/cpi_09112026.htm
Source 5
Consumer Price Index for All Urban Consumers (CPIAUCSL)
Federal Reserve Bank of St. Louis (FRED) · checked 2026-09-15
Observations Aug 2026: 334.131; Updated: Sep 11, 2026; Next Release Date: Oct 14, 2026.
https://fred.stlouisfed.org/series/CPIAUCSL