when is fed rate decision

when is fed rate decision

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The next Federal Reserve (Fed) interest rate decision is scheduled for Wednesday, September 17, 2025. The announcement will be made at 2:00 PM Eastern Time (ET), which corresponds to 6:00 PM Coordinated Universal Time (UTC). Following the announcement, Fed Chair Jerome Powell will hold a press conference at 2:30 PM ET (6:30 PM UTC) to discuss the decision and provide insights into the Fed's economic outlook. The current federal funds rate target range is 4.25% to 4.50%, a level that has been held steady since December 18, 2024, after several meetings without a rate change. The Fed meets about eight times a year to make these decisions, and the September 17 meeting is one of the scheduled Federal Open Market Committee (FOMC) meetings for 2025. The decision may result in a rate hike, cut, or hold, based on economic data and conditions at the time, but as of the latest updates, no clear signal of a rate cut has been made public, though some officials have expressed openness to it depending on economic developments.

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