The 'Fed Interest Rate Decision' is an economic event where the Federal Reserve announces changes to the federal funds rate, which is the interest rate at which banks lend to each other overnight.-2025-06-18

FOMC Meeting Statements & Minutes

This repository automatically scrapes and aggregates the Federal Reserve FOMC meeting statements and minutes - creating a dataset that enables tracking US monetary policy changes through time. It works by polling the website of the U.S. Federal Reserve on a periodic basis and scraping the new statements and minutes as they become available. The scraper runs in a scheduled GitHub Actions workflow, which is available here. The dataset begins in the… See the full description on the dataset page: https://huggingface.co/datasets/vtasca/fomc-statements-minutes.

This dataset contains the textual data of Federal Reserve FOMC meetings statements and minutes.

Column description

• Date - Date of the FOMC meeting.
• Release Date - Release date of the statement/minutes. Note that minutes are usually released with a ~3 week lag from the meeting date.
• Type - Communication type, either a statement or minutes.
• Text - The text content of each communication release.

Update schedule

This dataset is updated on a weekly basis with new data sourced from the Federal Reserve website.

Graph and download economic data for FOMC Summary of Economic Projections for the Fed Funds Rate, Median (FEDTARMD) from 2025 to 2028 about projection, federal, median, rate, and USA.

The 'Fed Interest Rate Decision' is an economic event where the Federal Reserve announces changes to the federal funds rate, which is the interest rate at which banks lend to each other overnight.

This dataset contains the text from Federal Reserve FOMC (Federal Open Market Committee) meeting minutes and statements, collected by scraping the Federal Reserve's website. The data spans a specific period of time, providing insights into the central bank's monetary policy decisions and discussions.

Content

The dataset consists of the following columns:

• Date: The date of the FOMC meeting or statement release in the format YYYYMMDD.
• Type: Indicator for the type of document. 0 represents a statement, while 1 represents meeting minutes.
• Text: The text content of each paragraph in the meeting minutes or statements.

Acknowledgements

The data is collected from the official Federal Reserve website (https://www.federalreserve.gov) using a custom Python scraper built with BeautifulSoup.

Inspiration

This dataset can be used for various purposes, such as:

1. Analyzing the sentiment and tone of FOMC meeting minutes and statements over time.
2. Identifying key phrases and words that indicate changes in monetary policy.
3. Developing natural language processing models to predict future policy decisions based on historical data.
4. Investigating the relationship between FOMC meeting minutes/statements and financial market reactions.

The benchmark interest rate in the United States was last recorded at 4 percent. This dataset provides the latest reported value for - United States Fed Funds Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The 'Fed Interest Rate Decision' is an economic event where the Federal Reserve announces changes to the federal funds rate, which is the interest rate at which banks lend to each other overnight.-2025-09-17

United States - FOMC Summary of Economic Projections for the Fed Funds Rate, Median was 3.10% in January of 2028, according to the United States Federal Reserve. Historically, United States - FOMC Summary of Economic Projections for the Fed Funds Rate, Median reached a record high of 5.40 in January of 2023 and a record low of 0.10 in January of 2020. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - FOMC Summary of Economic Projections for the Fed Funds Rate, Median - last updated from the United States Federal Reserve on December of 2025.

The 'Fed Interest Rate Decision' is an economic event where the Federal Reserve announces changes to the federal funds rate, which is the interest rate at which banks lend to each other overnight.-2025-01-29

Graph and download economic data for Federal Funds Target Range - Upper Limit (DFEDTARU) from 2008-12-16 to 2025-12-01 about federal, interest rate, interest, rate, and USA.

FOMC Meeting Minutes Dataset (Year 1993+, updated following each release)

Overview

This dataset contains the detailed minutes of the meetings held by the Federal Open Market Committee (FOMC) from 1993 onwards. The FOMC, a key component of the U.S. Federal Reserve System, is responsible for setting national monetary policy. The minutes provide a comprehensive record of the committee's discussions, including reviews of economic and financial conditions, deliberations on policy options, the range of participants' views, the rationale behind policy decisions, and the specific votes cast by each member. They offer significantly more detail than the policy statements released immediately after the meetings.

Background on Meeting Minutes

The minutes of each regularly scheduled meeting of the Committee provide a timely summary of significant policy issues addressed by meeting participants. The minutes record all decisions taken by the Committee with respect to these policy issues and explain the reasoning behind these decisions. From their emergence in their present form in February 1993 until December 2004, the minutes were published approximately three days after the Committee's subsequent meeting. In December 2004, the Committee decided to expedite the release of its minutes. Since then, the minutes have been made available to the public three weeks after the date of the policy decision, thus reducing the lag in their release by an average of about three weeks. The minutes are subsequently published in the Board's Annual Report.

Data Description

Each row in the dataset represents the minutes from a specific FOMC meeting. The dataset includes the following fields:

• Date: The last day of the FOMC meeting.
• Text: The full, official text of the meeting minutes, often including lists of attendees, summaries of staff reports, detailed accounts of committee discussions, policy directives, and voting records (including dissents).
• Chair: The Chair of the Federal Reserve who presided over the meeting documented in the minutes.

United States - FOMC Summary of Economic Projections for the Growth Rate of Real Gross Domestic Product, Range, Midpoint was 2.10000 Fourth Qtr. to Fourth Qtr. % Chg. in January of 2028, according to the United States Federal Reserve. Historically, United States - FOMC Summary of Economic Projections for the Growth Rate of Real Gross Domestic Product, Range, Midpoint reached a record high of 5.55000 in January of 2021 and a record low of -2.15000 in January of 2020. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - FOMC Summary of Economic Projections for the Growth Rate of Real Gross Domestic Product, Range, Midpoint - last updated from the United States Federal Reserve on December of 2025.

The 'Fed Interest Rate Decision' is an economic event where the Federal Reserve announces changes to the federal funds rate, which is the interest rate at which banks lend to each other overnight.-2025-03-19

Federal Reserve FOMC Statements and Minutes

Automatically scraped FOMC meeting statements and minutes from the U.S. Federal Reserve.

  Dataset Structure

Field Type Description

Date timestamp FOMC meeting date

Release Date timestamp Publication date

Type string "Statement" or "Minute"

Text string Full text content

  Source

Data scraped from Federal Reserve FOMC Calendar

  License

CC0 1.0 Universal (Public Domain)… See the full description on the dataset page: https://huggingface.co/datasets/nomnomshark41/fed-fomc-communications.

Text data from the documents surrounding Federal Open Market Committee meetings. Data is scraped from the Federal Reserve website using a web scraper I made using the Scrapy framework which can be found on GitHub at https://github.com/rw19842/Fed-Scraper.

Label Interpretation

LABEL_2: NeutralLABEL_1: HawkishLABEL_0: Dovish

  Citation and Contact Information





  Cite

Please cite our paper if you use any code, data, or models. @inproceedings{shah-etal-2023-trillion, title = "Trillion Dollar Words: A New Financial Dataset, Task {&} Market Analysis", author = "Shah, Agam and Paturi, Suvan and Chava, Sudheer", booktitle = "Proceedings of the 61st Annual Meeting of the Association for… See the full description on the dataset page: https://huggingface.co/datasets/gtfintechlab/fomc_communication.

The inflation rate in the United States declined significantly between June 2022 and September 2025, despite rising inflationary pressures towards the end of 2024. The peak inflation rate was recorded in June 2022, at *** percent. In August 2023, the Federal Reserve's interest rate hit its highest level during the observed period, at **** percent, and remained unchanged until September 2024, when the Federal Reserve implemented its first rate cut since September 2021. By September 2025, the rate dropped to **** percent, signaling a shift in monetary policy. What is the Federal Reserve interest rate? The Federal Reserve interest rate, or the federal funds rate, is the rate at which banks and credit unions lend to and borrow from each other. It is one of the Federal Reserve's key tools for maintaining strong employment rates, stable prices, and reasonable interest rates. The rate is determined by the Federal Reserve and adjusted eight times a year, though it can be changed through emergency meetings during times of crisis. The Fed doesn't directly control the interest rate but sets a target rate. It then uses open market operations to influence rates toward this target. Ways of measuring inflation Inflation is typically measured using several methods, with the most common being the Consumer Price Index (CPI). The CPI tracks the price of a fixed basket of goods and services over time, providing a measure of the price changes consumers face. At the end of 2023, the CPI in the United States was ****** percent, up from ****** a year earlier. A more business-focused measure is the producer price index (PPI), which represents the costs of firms.

The data show what are basically frequency distributions of interest rate projections by members of the Federal Open Market Committee (FOMC). The twelve FOMC members vote on (and determine) the federal funds rate, but they also give their projections for future federal funds rates. The projections fall into the ranges given in the first column. Then the projection counts are tallied by current and future FOMC meeting months.

The following is from the Fed FOMC member projections website: https://www.federalreserve.gov/monetarypolicy/fomcprojtabl20230920.htm

Each participant's projections are based on his or her assessment of appropriate monetary policy. Longer-run projections represent each participant's assessment of the rate to which each variable would be expected to converge under appropriate monetary policy and in the absence of further shocks to the economy. The projections for the federal funds rate are the value of the midpoint of the projected appropriate target range for the federal funds rate or the projected appropriate target level for the federal funds rate at the end of the specified calendar year or over the longer run.

The 'Fed Interest Rate Decision' is an economic event where the Federal Reserve announces changes to the federal funds rate, which is the interest rate at which banks lend to each other overnight.-2025-12-10