The Federal Reserve is scheduled to announce its next interest rate decision on Wednesday, September 17, 2025, at 2:00 PM Eastern Time (6:00 PM UTC). Most economists and market participants expect the Fed to announce its first interest rate cut of 2025, likely a 25 basis point reduction, lowering the federal funds rate target range to 4.00% to 4.25%. The announcement will be followed by a press conference with Fed Chair Jerome Powell.

This decision comes amid signs of weakening job growth and labor market concerns, despite inflation remaining above the Fed's 2% target. The market is closely watching whether the Fed will indicate a broader pivot toward further rate cuts later in 2025.