The most recent interest rate announcement by the U.S. Federal Reserve was made on September 17, 2025, at 2:00 p.m. EDT. On this date, the Fed announced a quarter-point cut in the federal funds rate target range to 4.0% to 4.25% from the previous 4.25% to 4.5%, marking the first rate cut of the year 2025. This announcement follows regularly scheduled Federal Open Market Committee (FOMC) meetings, held eight times annually, where interest rate decisions are made based on economic conditions.

For context, the Federal Reserve typically announces interest rate decisions following these FOMC meetings, which occur roughly every six weeks. The next scheduled interest rate announcement after the September 17 meeting would be during the FOMC meeting on October 28-29, 2025.

Additionally, the Bank of Canada announced its latest interest rate decision on September 17, 2025, too, with the next announcement scheduled for October 29, 2025.

In summary:

• The September 2025 Fed interest rate was announced on September 17, 2025.
• The announcement time was 2:00 p.m. EDT.
• The next Fed interest rate announcement is expected on October 28-29, 2025.
• The Bank of Canada's next interest rate announcement is October 29, 2025.