Washington, DC…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 Committee is attentive to the risks to both sides of its dual mandate and judges that downside risks to employment have risen.
In support of its goals and in light of the shift in the balance of risks, the Committee decided to lower the target range for the federal funds rate by 1/4 percentage point to 4 to 4‑1/4 percent. In considering additional adjustments to the target range for the federal funds rate, the Committee will carefully assess incoming data, the evolving outlook, and the balance of risks. The Committee will continue reducing its holdings of Treasury securities and agency debt and agency mortgage‑backed securities. The Committee is strongly committed to supporting maximum employment and returning inflation to its 2 percent objective.
In assessing the appropriate stance of monetary policy, the Committee will continue to monitor the implications of incoming information for the economic outlook. The Committee would be prepared to adjust the stance of monetary policy as appropriate if risks emerge that could impede the attainment of the Committee’s goals. The Committee’s assessments will take into account a wide range of information, including readings on labor market conditions, inflation pressures and inflation expectations, and financial and international developments.
Voting for the monetary policy action were Jerome H. Powell, Chair; John C. Williams, Vice Chair; Michael S. Barr; Michelle W. Bowman; Susan M. Collins; Lisa D. Cook; Austan D. Goolsbee; Philip N. Jefferson; Alberto G. Musalem; Jeffrey R. Schmid; and Christopher J. Waller. Voting against this action was Stephen I. Miran, who preferred to lower the target range for the federal funds rate by 1/2 percentage point at this meeting.
For media inquiries, please email media@frb.gov or call 202-452-2955.

AP-NORC poll | 9/11-9/15
President Trump approval
Disapprove 60% (+7)
Approve 39% (-6)
(shift since last poll)
“Forty-nine percent of Republicans say things in the United States are heading the right direction – down from 75% in June.”
The fact you get your information from AP speaks volumes. Find a real outlet that does real journalism and then post, until then the information you post might as well come from the Babylon Bee.
You don’t trust the Associated Press, one of the world’s most respected news organizations?
The Associated Press leans left in its political coverage. Its reporting highlights liberal perspectives, and its funding comes mainly from membership and licensing fees paid by major news outlets like The Washington Post, New York Times, and CNN. This creates a built-in bias, including in polls and story selection, so readers should know that they are being feed biased garbage, misinformation and left propaganda masked as news. Never been a trusted source.
DEATH TO TRUMP!!!!!
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Disney has lost nearly $4 Billion in three days from combined stock price collapse and cancelled subscriptions
On a single Saturday in September:
–Trump instructed his AG to go after specific political enemies.
–We learned that his DOJ ended an investigation into his border czar, who was caught on camera
taking a $50k cash bribe.
–His Pentagon top brass threatened to expel journalists who report info not cleared by them.
–His WH spoke to a shady deal that will see TikTok in the hands of a consortium of GOP mega-donors.
–Trump threatened “bad things” if we don’t re-take Bagram AFB.
–His most senior counterterrorism official is in a Twitter spat with Laura Loomer.
None of this is normal.
There is no world in which it is normal for the president to publicly call upon his attorney general to hurry up and prosecute his political foes. It’s like the Watergate tapes but posted on social media. Let’s get a grip on what’s happening here.
Forget normal. Under Obama, Biden and Hilary Clinton, federal power was 100% used as a weapon. The FBI and DOJ launched investigations targeting political opponents, Trump. Judges they appointed oversaw cases meant to punish rivals. Trump allies were harassed, prosecuted, and jailed, even when cases fell apart. What we’re seeing now is the same playbook, just not hidden behind closed doors. The system itself has been used to go after political enemies and the above criminals, Obama, Biden and Clinton thought they would get away with it and now it’s being used to legally go after those who are the tru criminals and should be hung for treason. They threw democracy out the window a long time ago.
lol, ok sure. I’d like to remind you that Hillary was never president. But this weekend, Trump sent a public message to Bondi demanding she go after his enemies.
That’s CORRUPTION! The kind you claim to be worried about! It’s right here, look up.
Hey News guy, Fox had to pay $800 million dollars for lying about the 2020 election. Do you still think that they are trustworthy and aren’t feeding you bs?
Dear Leader will take care of us all in his righteousness and deep moral bounds he leads us all to glory
Hail Dear Leader!!!! Hail! Your word is unfailing truth
Yes ! We onyhave love for our Dear Leader!