The Federal Reserve (Fed) will announce its next interest rate decision on Wednesday, September 17, 2025, at 6:00 PM UTC (2:00 PM Eastern Time) following the Federal Open Market Committee (FOMC) meeting that takes place on September 16-17, 2025. This meeting will determine whether the Fed will raise, lower, or maintain the current federal funds rate, which as of the last meeting was at a target range of 4.25% – 4.50%. Market expectations lean toward a rate cut at this upcoming announcement due to recent labor market softness, though inflation remains a consideration.
This announcement will also be accompanied by a press conference with Fed Chair Jerome Powell, where further insights into the Fed's economic outlook and monetary policy stance will be shared.