The most recent Federal Reserve interest rate announcement was made on Wednesday, September 17, 2025, at 2 p.m. ET (18:00 UTC). The Fed announced a quarter-point interest rate cut, the first reduction since December 2024, lowering the target federal funds rate to a range of 4.00% to 4.25%.
The Federal Open Market Committee (FOMC) holds eight meetings per year, approximately every six weeks, where it assesses economic conditions and announces decisions on interest rates. The key 2025 meetings include dates in January, March, May, June, July, September (when the most recent announcement happened), October, and December.
Thus, the Fed rate announcements generally happen at scheduled FOMC meetings, about eight times a year, and the next announcement after September would be at the October 28-29 meeting in 2025.