when is the next fed rate decision

The next Federal Reserve (Fed) interest rate decision is scheduled for September 17, 2025, with the Federal Open Market Committee (FOMC) meeting spanning September 16-17, 2025. The policy statement and decision are typically announced at 18:00 UTC on the second day of the meeting. Currently, the federal funds rate target is 4.25%–4.50%, which has been held steady since December 18, 2024. While there is speculation about possible rate cuts later in 2025, no firm decision has been made as it depends on upcoming economic data.