The September 26, 2018, FOMC meeting adjourned with the expected 25bp interest rate hike. The FOMC confirms the strength in the U.S. economy as so reflected by the inter-meeting data. It is notable that the sentence regarding accommodative stance of monetary policy (which first appeared in the December 2015 press release) has been removed. This signals and supports the position that the economy has significantly if not completely recovered from the financial crisis and FOMC is or close to meeting its dual mandates without the need to assure the market with an accommodative forward guidance (now the 8th interest rate hike since ZIRP).
Here is our language change comparison to the August 1, 2018, press release.