when will the fed announce rates

The Federal Reserve is scheduled to announce its next interest rate decision on Wednesday, September 17, 2025, at 18:00 UTC. This follows the Federal Open Market Committee (FOMC) meeting held on September 16-17, 2025. Market expectations strongly indicate that the Fed will cut interest rates by a quarter-point (25 basis points) to address a weakening labor market, although inflation remains above the target. The current federal funds rate target range is 4.25% – 4.50%, which has been steady since December 2024. The September announcement will likely include the Fed's decision on interest rates and economic projections, with considerable anticipation of a rate cut to stimulate economic activity due to slowing job growth. This may be the first rate cut of 2025, following several months of rate holds. There may be internal divisions among Fed officials on the extent of the cut, but a quarter-point reduction is broadly expected.