Fed Statements
Fed Statements is a data page on the Macro desk of Glassbox Auditing. What Federal Reserve officials say in speeches, testimony, FOMC statements and press conferences, with the measurable claims in them checked against the public record and what the S&P 500 and the 10-year yield did after each. Their words set expectations for interest rates, which price every loan and stock.
Last updated: .
What is on this page today?
- Beth M. Hammack: Headline PCE inflation was 3.6 percent in September, and core PCE inflation was 3.1 perce… — Supported: claimed 3.6% in September, FRED PCEPI shows 3.649% (Board of Governors of the Federal Reserve System, 4 Nov 2026)
- Marlin A. Stutzman: GDP grew 3.4% last quarter — the fastest in year‼️ — Supported: claimed 3.4% for last quarter, FRED A191RL1Q225SBEA shows 3.4% (Board of Governors of the Federal Reserve System, 30 Oct 2026)
- Lorie Logan: Unemployment continues to hover just above 4 percent. — Supported: claimed 4% for latest reading, FRED UNRATE shows 4.2% (Board of Governors of the Federal Reserve System, 29 Oct 2026)
- Lorie Logan: Core PCE inflation was 3.1 percent over the 12 months through September, and higher for t… — Supported: claimed 3.1% over the 12 months through September, FRED PCEPILFE shows 3.121% (Board of Governors of the Federal Reserve System, 29 Oct 2026)
- Lorie Logan: After raising the fed funds target range by 25 basis points in September, the FOMC skippe… — Supported: claimed 25 bp in September, FRED DFEDTARU/DFEDTARL shows 25 bp (Board of Governors of the Federal Reserve System, 29 Oct 2026)
- James R. Walkinshaw: Inflation is up to 3.7%, and we just had the highest monthly increase since April. — Supported: claimed 3.7% for latest reading, FRED PCEPI shows 3.649% (Board of Governors of the Federal Reserve System, 29 Oct 2026)
- James R. Walkinshaw: Inflation is up to 3.7%, and we just had the highest monthly increase since April. — Supported: claimed 3.7% for latest reading, FRED PCEPI shows 3.649% (Board of Governors of the Federal Reserve System, 29 Oct 2026)
- Troy E. Nehls: GDP grew at an annual rate of 3.4% in the third quarter, exceeding expectations. — Supported: claimed 3.4% for third quarter, FRED A191RL1Q225SBEA shows 3.4% (Board of Governors of the Federal Reserve System, 29 Oct 2026)
- Tina Smith: BUREAU OF LABOR STATISTICS: Inflation in December 2024 was 2.9%. — Supported: claimed 2.9% in December 2024, FRED PCEPI shows 2.648% (Board of Governors of the Federal Reserve System, 28 Oct 2026)
- Warsh: This morning the FOMC decided to maintain the target rate for the federal funds rate at 3… — Supported: claimed 3.875% for the decision, FRED DFEDTARU/DFEDTARL shows 3.875% (Board of Governors of the Federal Reserve System, 28 Oct 2026)
- Federal Open Market Committee: The Committee decided to maintain the target range for the federal funds rate at 3-3/4 to… — Supported: claimed 3.875% for the decision, FRED DFEDTARU/DFEDTARL shows 3.875% (Board of Governors of the Federal Reserve System, 28 Oct 2026)
- Henry Cuellar: The latest report shows consumer prices rose 3.7% over the past year, up from 3.4% in Aug… — Supported: claimed 3.7% over the past year, FRED CPIAUCSL shows 3.717% (Board of Governors of the Federal Reserve System, 21 Oct 2026)
- Angie Craig: Inflation shot up to 3.7% in September (a four-month high) and you know it’s bad when eve… — Supported: claimed 3.7% in September, FRED PCEPI shows 3.649% (Board of Governors of the Federal Reserve System, 15 Oct 2026)
- Raja Krishnamoorthi: President Trump gave himself an “A+” on the economy, even as Americans are paying $4.33 a… — Supported: claimed 3.7% for latest reading, FRED PCEPI shows 3.649% (Board of Governors of the Federal Reserve System, 14 Oct 2026)
- Chellie Pingree: Inflation climbed to 3.7% in September. — Supported: claimed 3.7% in September, FRED PCEPI shows 3.649% (Board of Governors of the Federal Reserve System, 14 Oct 2026)
- Chellie Pingree: Inflation climbed to 3.7% in September. — Supported: claimed 3.7% in September, FRED PCEPI shows 3.649% (Board of Governors of the Federal Reserve System, 14 Oct 2026)
- Chrissy Houlahan: Then inflation last month rose to 3.7 percent. — Supported: claimed 3.7% for last month, FRED PCEPI shows 3.649% (Board of Governors of the Federal Reserve System, 14 Oct 2026)
- Susan M. Collins: Inflation is notably above the Fed’s 2% inflation target and has been for five and a half… — Supported: claimed 2% for latest reading, FRED PCEPI shows 3.649% (Board of Governors of the Federal Reserve System, 12 Oct 2026)
- Susan M. Collins: Turning to prices, inflation is notably above the Fed’s 2 percent inflation target and ha… — Supported: claimed 2% for latest reading, FRED PCEPI shows 3.649% (Board of Governors of the Federal Reserve System, 12 Oct 2026)
- Susan M. Collins: Over the 12 months ending in August, total PCE inflation – the Fed’s preferred measure –… — Supported: claimed 3.4% Over the 12 months ending in August, FRED PCEPI shows 3.419% (Board of Governors of the Federal Reserve System, 12 Oct 2026)
Where does the data come from?
Items on this page come from Board of Governors of the Federal Reserve System. Each item links to its own source. All sources, how items are checked.
What does this page lead to?
- Federal Reports (Calendar): An FOMC statement and the Chair's press conference are scheduled releases on the federal calendar, and speeches between meetings discuss the latest jobs, inflation and growth reports the calendar lists. (either way, depending on the cause; same day; economy scale) Source: FOMC statements and minutes (monetary policy press releases).
- Kalshi (Markets): Kalshi's rate markets settle on the Committee's decision, and its statements, projections and the Chair's remarks are what traders read for the next one, so officials' wording can move those odds. (either way, depending on the cause; days before each meeting; economy scale) Source: Federal Reserve Board, Summary of Economic Projections (FOMC projection tables).
- Central Banks (World Powers): The Fed's stated path for rates is what other central banks weigh theirs against; a change in its language shifts the rate gap and the dollar that the Central Banks page compares. (either way, depending on the cause; weeks to months; global scale) Source: Federal Reserve Board speeches (RSS and the speech pages).