The next Federal Reserve (Fed) interest rate decision is scheduled for Wednesday, September 17, 2025, at 2:00 PM Eastern Time (6:00 PM UTC). This decision will be announced following the two-day Federal Open Market Committee (FOMC) meeting that begins on September 16, 2025. After the announcement, Fed Chair Jerome Powell will hold a press conference at 2:30 PM ET (6:30 PM UTC) to discuss the decision and provide insights into the Fed's economic outlook.
Currently, the federal funds rate target range is 4.25% to 4.50%, and there is widespread expectation among economists that the Fed will cut the rate by 25 basis points (0.25%) at this September meeting, potentially lowering the range to 4.00% to 4.25%.
In summary, the precise date and time for the Fed rate decision is September 17, 2025, at 2:00 PM ET. A rate cut is anticipated but will depend on economic data close to the meeting date.