The Federal Reserve's minutes from its September 16–17, 2025 policy meeting reported that a few participants favored keeping the federal funds rate unchanged at that meeting while almost all participants supported a subsequent rate cut.
September 16, 2025
high
temporal
Summarizes participants' voting preferences and division of views reported in the Federal Reserve's meeting minutes.
The Federal Reserve's 2025 meeting minutes indicated that most participants judged it likely would be appropriate to implement further interest rate cuts over the remainder of 2025.
September 16, 2025
high
temporal
Officials' forward guidance on the potential path of interest rate policy.
The Federal Reserve's 2025 meeting minutes reported that some officials said progress toward the Committee's 2 percent inflation objective had stalled in 2025 and that this year's tariff increases had contributed to higher inflation readings and the risk of more persistent inflation expectations.
September 16, 2025
high
temporal
Officials' assessment of inflation dynamics and the influence of tariff increases on inflation readings and expectations.
The Federal Reserve's 2025 meeting minutes recorded that several participants viewed continued adoption of artificial intelligence as potentially reducing labor demand.
September 16, 2025
high
temporal
Officials' assessment of structural forces affecting the labor market.