Here’s when you can expect the next decision on rates from the Fed:
The Fed typically holds eight monetary policy meetings each year. These meetings occur on predetermined dates, usually every six weeks. While the exact dates may vary slightly from year to year, the meetings generally take place in the following months:
- January
- March
- May
- June
- July
- September
- November
During these meetings, the Federal Open Market Committee (FOMC) of the Fed gathers to discuss and make decisions regarding interest rates. The Fed may decide to raise, lower, or keep interest rates unchanged based on economic and financial conditions.
After each meeting, the Fed issues a press release detailing the decisions made and the economic outlook. This press release is typically issued at 2:00 p.m. Eastern Time on the day of the meeting.
It’s important to note that meeting dates can be subject to change, so it’s always a good idea to check the Fed’s official sources for the exact dates of meetings and interest rate decisions.
