USD Impact Catalyst Brief · Pre-event

FOMC meeting and press conference (September 15–16, 2026) — What to Watch

The Federal Open Market Committee is scheduled to meet on Tuesday–Wednesday, September 15–16, 2026. The Federal Reserve calendar lists the policy statement for 2:00 p.m. ET on Wednesday, September 16, followed by the Chair’s press conference at 2:30 p.m. ET. The meeting is marked as one associated with the Summary of Economic Projections (SEP). The BLS release calendar scheduled the August 2026 CPI for Friday, September 11 at 8:30 a.m. ET; this brief does not assert the CPI result without a separately verified outcome source.

Event date September 15, 2026 · Last reviewed 2026-09-14

Verification statusscheduled confirmed
FedU.S. ratesDXYEURUSDS&P 500
Verified evidence

What is confirmed

Primary-source verified

The FOMC is scheduled to meet on Tuesday–Wednesday, September 15–16, 2026, and the meeting is listed with an associated press conference on the Federal Reserve’s official calendar.

Sources:Federal Reserve · Federal Reserve

Primary-source verified

The Federal Reserve’s September 2026 calendar lists the FOMC meeting release at 2:00 p.m. Eastern Time on Wednesday, September 16, with the Chair’s press conference at 2:30 p.m. ET.

Sources:Federal Reserve

Primary-source verified

The September 15–16 meeting is identified on the FOMC meeting calendar as a meeting associated with the Summary of Economic Projections (SEP).

Sources:Federal Reserve

Primary-source verified

The U.S. Bureau of Labor Statistics release calendar scheduled the Consumer Price Index for August 2026 for Friday, September 11, 2026 at 8:30 a.m. ET — four calendar days before the FOMC meeting start date.

Sources:U.S. Bureau of Labor Statistics

Transmission map

How the event may move through markets

FOMC policy statement (2:00 p.m. ET)

Could adjust near-term policy expectations through changes in language on inflation, labor-market conditions, and the balance of risks; materially different wording could shift Treasury yields and the dollar.

Summary of Economic Projections / dot plot

May change median participant projections for the federal funds rate path; revisions can shift market rate expectations and term premia.

Chair’s press conference (2:30 p.m. ET)

Q&A tone and answers can shape the market’s interpretation of the policy path and uncertainty; comments on data dependence or timing could move rates, FX, and equities.

Projection materials

Revisions to growth, unemployment, inflation, and policy-rate projections can change how markets interpret the Committee’s reaction function.

Immediate market microstructure (Treasury yields, DXY, S&P 500)

Markets can reprice quickly after the statement and during the press conference; volatility may be elevated if the communication materially changes expectations.

Monitoring checklist

What to watch next

Executive pre-event brief

Confirmed timing and items

What this means

What to watch in practice

Key takeaway

The September 15–16 FOMC meeting is a scheduled SEP meeting with the statement listed for 2:00 p.m. ET and the Chair’s press conference for 2:30 p.m. ET on September 16. The practical task is to compare the new policy language and projections with prior guidance while separating verified facts from market interpretation.

Verification

Source ledger

4 sources used in this edition.

  1. Federal Reserve Board - Monetary PolicyFederal Reserve · Primary source · 2026-08-19
  2. The Fed - Meeting calendars and information (FOMC calendars)Federal Reserve · Primary source · 2026-04-08
  3. Federal Reserve Board - Calendar: September 2026Federal Reserve · Primary source · 2026-06-22
  4. Schedule of Selected Releases for September 2026U.S. Bureau of Labor Statistics · Primary source · 2026-02-18
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