Federal Reserve issues FOMC statement

The record

Publisher

Federal Open Market Committee

Source

Federal Open Market Committee

Kind

Release

Jurisdiction

United States

Topics

Monetary policy

Importance

Headline, the top of three tiers Kresmion sets by fixed rules from the source's own fields

Published (source time)

2026-06-17 18:00 UTC

First seen on Kresmion

2026-10-26 16:39 UTC, 130 days after publication

The original

Source: Board of Governors of the Federal Reserve System.

The publisher's summary

Federal Reserve issues FOMC statement

The publisher's words, as published.

What changed

FOMC statement, meeting of Jun 17, 2026

What changed since Apr 29, 202689.8% of words changed317 words removed, 107 added

removedadded

• removed: Recent indicators suggest that economic activity has been expanding at added: The Federal Open Market Committee approved the following statement for release by a removed: solid pace. Job gains have remained low, on average, and the unemployment rate has been little changed in recent months. Inflation is elevated, in part reflecting the recent increase in global energy prices. added: 12 – 0 vote: The removed: Committee seeks to achieve maximum employment and inflation at the rate of 2 percent over the longer run. Developments in the Middle East are contributing to a high level of uncertainty about the economic outlook. The Committee is attentive to the risks to both sides of its dual mandate. In support of its goals, the Committee decided to maintain the target ...
• ... for the federal funds rate at removed: 3‑1/2 added: 3-1/2 to removed: 3‑3/4 percent. In considering added: 3-3/4 percent, in support of the removed: extent and timing added: Federal Reserve's dual mandate. The Committee reaffirmed its policy of removed: additional adjustments added: maintaining ample reserves in the banking system. Economic activity is expanding at a solid pace despite elevated uncertainty that owes, in part, to the removed: target range for added: conflict in the removed: federal funds rate, added: Middle East. Productivity growth and capital investment are strong. Job gains have kept pace with the added: workforce, and the unemployment rate has changed little. Inflation remains elevated relative to the Committee's 2 percent goal, in part reflecting supply shocks that have driven price increases in certain sectors, including energy. The Committee will removed: carefully assess incoming data, the evolving outlook, and the balance of risks. 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; Lisa D. Cook; Philip N. Jefferson; Anna Paulson; and Christopher J. Waller. Voting against this action were Stephen I. Miran, who preferred to lower the target range for the federal funds rate by 1/4 percentage point at this meeting; and Beth M. Hammack, Neel Kashkari, and Lorie K. Logan, who supported maintaining the target range for the federal funds rate but did not support inclusion of an easing bias in the statement at this time. added: deliver price stability.

Kresmion's comparison of the two published texts: a word-by-word diff of the Federal Reserve's statement of Jun 17, 2026 against its statement of Apr 29, 2026, computed by Kresmion, not by the Federal Reserve.

Source: Board of Governors of the Federal Reserve System (federalreserve.gov). Public domain.

• The previous statement, Apr 29, 2026