The next Federal Reserve interest rate decision will be announced tomorrow, Wednesday, September 17, 2025, at 2 p.m. EST (18:00 UTC). This announcement follows a two-day Federal Open Market Committee (FOMC) meeting that starts today, September 16, 2025. The Fed is widely expected to cut interest rates by 0.25 percentage points at this meeting, which would be the first rate cut since December 2024. Fed Chair Jerome Powell will hold a press conference following the decision. Market expectations are high for this cut as the Fed responds to weakening labor market conditions, although there may be some division within the committee on the size of the cut and future rate trajectories.