Minutes of Federal Reserve’s April 28-29 Meeting: Text

May 20, 2026, 6:00 PM UTC

Below is a reformatted version* of the text of minutes of the Federal Reserve’s April 28-29 meeting, released Wednesday in Washington:

Minutes of the Federal Open Market Committee

April 28-29, 2026

A joint meeting of the Federal Open Market Committee and the Board of Governors of the Federal Reserve System was held in the offices of the Board of Governors on Tuesday, April 28, 2026, at 10:00 a.m. and continued on Wednesday, April 29, 2026, at 9:00 a.m.1

Developments in Financial Markets and Open Market Operations

The manager turned first to an overview of market developments during the intermeeting period. ...

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