The Federal Reserve (Fed) announcement for its interest rate decision was scheduled for Wednesday, September 17, 2025, at 2:00 PM Eastern Time (6:00 PM UTC).
On that date, the Fed announced a quarter-point cut in interest rates, lowering the target range for the federal funds rate to 4.00% to 4.25%. This was the first rate cut in nine months and was made in response to signs of slowing job growth and elevated inflation pressures. The announcement was followed by a press conference by Fed Chair Jerome Powell.
Thus, the most recent Fed announcement occurred on September 17, 2025, and the next announcement would be during the subsequent Federal Open Market Committee meetings later in the year.