金融市場の状況は悪化しており、信用の収縮と不透明感の増大が今後の経済成長の足を引っ張る可能性がある。直近の経済指標は経済が穏やかなペースで拡大を続けることを示しているものの、こうした状況を受け、連邦公開市場委員会（FOMC）は景気が落ち込むリスクがかなり強まったと判断した。FOMCは今後も市場を注意深く見守ると共に、金融市場の混乱が経済に悪影響を与えるのを押さえ込むため必要な行動を行う準備を整える。

Financial market conditions have deteriorated, and tighter credit conditions and increased uncertainty have the potential to restrain economic growth going forward. In these circumstances, although recent data suggest that the economy has continued to expand at a moderate pace, the Federal Open Market Committee judges that the downside risks to growth have increased appreciably. The Committee is monitoring the situation and is prepared to act as needed to mitigate the adverse effects on the economy arising from the disruptions in financial markets.

Voting in favor of the policy announcement were: Ben S. Bernanke, Chairman; Timothy F. Geithner, Vice Chairman; Richard W. Fisher; Thomas M. Hoenig; Donald L. Kohn; Randall S. Kroszner; Frederic S. Mishkin; Michael H. Moskow; Eric Rosengren; and Kevin M. Warsh.