Federal Reserve Board and Federal Open Market Committee release economic projections from the September 15-16 FOMC meeting

What this means

The Federal Reserve Board and FOMC published the September 15–16 Summary of Economic Projections on September 16. The 18 participants’ median forecasts put 2026 real GDP growth at 2.3%, unemployment at 4.1%, PCE inflation at 3.7%, core PCE inflation at 3.4% and the year-end federal funds rate at 4.1%; medians show PCE inflation declining to 2.0% and the policy rate to 3.6% by 2029, while unemployment remains 4.1%.

Official release

Source material from Federal Reserve. The wording below is the issuer’s statement.

Press Release

September 16, 2026

Federal Reserve Board and Federal Open Market Committee release economic projections from the September 15-16 FOMC meeting

For release at 2:00 p.m. EDT

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The attached tables and charts released on Wednesday summarize the economic projections made by Federal Open Market Committee participants in conjunction with the September 15-16 meeting.

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Projections (PDF) | Accessible Materials

Last Update:

September 16, 2026

Release text attributed to Federal Reserve. Consult the official publication for any subsequent corrections or updates.