Minutes of Federal Reserve’s March 17-18 Meeting: Text

Below is a reformatted text version* of the minutes of the Federal Reserve’s March 17-18 meeting, released Wednesday in Washington:

Minutes of the Federal Open Market Committee

March 17-18, 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, March 17, 2026, at 10:30 a.m. and continued on Wednesday, March 18, 2026, at 9:00 a.m.1

Developments in Financial Markets and Open Market Operations

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