The Federal Reserve will announce its next interest rate decision on Wednesday, September 17, 2025, at 2 p.m. Eastern time (18:00 UTC). This announcement will follow the conclusion of the Federal Open Market Committee's (FOMC) two-day meeting starting September 16. After the announcement, Federal Reserve Chair Jerome Powell will hold a press conference to discuss the decision. The market widely expects the Fed to cut interest rates by 25 basis points at this meeting, lowering the target range from 4.25%-4.50% to 4.00%-4.25%. This would be the first rate cut of 2025, driven by concerns over a weakening labor market and economic uncertainty despite inflation remaining above the Fed's 2% target.