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Schmid and Goolsbee opposed not changing interest rates.

Four officials plan to cut two 25 basis points in 2026.

Seven officials expect no rate cuts in 2026.

The Fed's forecast median maintains the prediction of a 25 basis point rate cut in 2026.

The Fed's median forecast shows that the interest rate will reach 3.1% by the end of 2028.

The Fed's median forecast shows the interest rate at 3.4% in 2026 and 3.1% in 2027.

Fed: The vote to support the policy decision was 9 in favor and 3 against, with Miran favoring a half-percentage-point rate cut, and Goolsbee and Schmid favoring no rate cut.

Fed: We will purchase $40 billion in Treasury bills within the next 30 days.

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