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When Is the Next Fed Meeting?
A live countdown to the next FOMC decision, the full meeting schedule through 2027, and every rate decision since 2025 with the vote count. All dates come from the Federal Reserve’s own published calendar.
The next FOMC meeting is September 15-16, 2026. The decision lands September 16, 2026 at 2:00pm ET.
Target range now: 3.50-3.75%, last cut December 10, 2025.
Current target range
3.50-3.75%
Since December 10, 2025
Decisions left in 2026
3
Of 8 scheduled meetings
Next dot plot
September 16, 2026
Summary of Economic Projections
What Time Is the Fed Decision?
2:00pm Eastern Time, on the second day of the meeting. The statement and any change to the target range publish at that minute, the chair’s press conference starts at 2:30pm ET, and on dot plot meetings the Summary of Economic Projections lands with the statement. The minutes of each meeting follow three weeks later, at 2:00pm ET.
| City / zone | Mar – early Nov (US on EDT) | Nov – Mar (US on EST) |
|---|---|---|
| London | 7:00pm | 7:00pm |
| Paris / Frankfurt | 8:00pm | 8:00pm |
| India (IST) | 11:30pm | 12:30am next day |
| Singapore / Hong Kong | 2:00am next day | 3:00am next day |
| Tokyo | 3:00am next day | 4:00am next day |
London and Europe hold the same clock time most of the year because their daylight-saving shifts roughly track the US ones; countries that never shift (India, Singapore, Hong Kong, Japan) see the decision move by an hour twice a year. The December decision falls in the EST column.
FOMC Meeting Schedule 2026
Eight scheduled meetings. Every 2026 decision so far has held the range at 3.50-3.75%, and the committee has split more with each vote: two dissents in January, four in April, three in July, in opposite directions. Dates already passed are greyed.
| Meeting | Decision | Dot plot | Outcome |
|---|---|---|---|
| January 27-28, 2026 | 2:00pm ET | No | Held at 3.50-3.75% |
| March 17-18, 2026 | 2:00pm ET | Yes | Held at 3.50-3.75%11-1 |
| April 28-29, 2026 | 2:00pm ET | No | Held at 3.50-3.75%8-4 |
| June 16-17, 2026 | 2:00pm ET | Yes | Held at 3.50-3.75%Unanimous |
| July 28-29, 2026 | 2:00pm ET | No | Held at 3.50-3.75%9-3 |
| September 15-16, 2026 | 2:00pm ET | Yes | Next meeting |
| October 27-28, 2026 | 2:00pm ET | No | Scheduled |
| December 8-9, 2026 | 2:00pm ET | Yes | Scheduled |
FOMC Meeting Schedule 2027
The Fed publishes its calendar about two years ahead, so all eight 2027 meetings already have dates. The June meeting sits unusually early in the month, June 8-9.
| Meeting | Decision | Dot plot | Outcome |
|---|---|---|---|
| January 26-27, 2027 | 2:00pm ET | No | Scheduled |
| March 16-17, 2027 | 2:00pm ET | Yes | Scheduled |
| April 27-28, 2027 | 2:00pm ET | No | Scheduled |
| June 8-9, 2027 | 2:00pm ET | Yes | Scheduled |
| July 27-28, 2027 | 2:00pm ET | No | Scheduled |
| September 14-15, 2027 | 2:00pm ET | Yes | Scheduled |
| October 26-27, 2027 | 2:00pm ET | No | Scheduled |
| December 7-8, 2027 | 2:00pm ET | Yes | Scheduled |
Will the Fed Hike in September?
Market pricing put the odds of a September 16 hike near 57% as of August 28, after Chair Warsh’s Jackson Hole speech read hawkish, up from about 35% earlier that week. That number moves with every data print between now and the vote, so treat any figure on it as a snapshot with a date attached. The September meeting hub tracks the odds and the six data releases that land before the decision.
Every Fed Decision Since 2025
The path to the current range: five holds at 4.25-4.50%, three consecutive quarter-point cuts in late 2025, and holds ever since. Vote splits are shown where the reporting recorded them.
| Decision | Action | Range after | Notes |
|---|---|---|---|
| January 29, 2025 | Hold | 4.25-4.50% | |
| March 19, 2025 | Hold | 4.25-4.50% | |
| May 7, 2025 | Hold | 4.25-4.50% | |
| June 18, 2025 | Hold | 4.25-4.50% | |
| July 30, 2025 | Hold | 4.25-4.50% | |
| September 17, 2025 | Cut 25bp | 4.00-4.25% | First cut since December 2024. |
| October 29, 2025 | Cut 25bp | 3.75-4.00% | |
| December 10, 2025 | Cut 25bp | 3.50-3.75% | Three dissents, the first three-vote split since September 2019. The last change in the target range. |
| January 28, 2026 | Hold | 3.50-3.75% | Miran and Waller dissented, both preferring a quarter-point cut. |
| March 18, 2026 | Hold11-1 | 3.50-3.75% | Miran again dissented for a cut; Waller moved to hold. |
| April 29, 2026 | Hold8-4 | 3.50-3.75% | Four dissents, the first since October 1992, split over the path ahead. Powell’s final meeting as chair. |
| June 17, 2026 | HoldUnanimous | 3.50-3.75% | Warsh’s first meeting as chair. The dot plot turned hawkish: a 3.8% median year-end projection, with nine members pencilling in at least one hike. |
| July 29, 2026 | Hold9-3 | 3.50-3.75% | Hammack, Kashkari and Logan each dissented for a quarter-point hike, the first three dissents in the same direction since September 2016. |
For what the July hold did to markets on the day, see the July 29 breakdown; the three-dissent minutes are covered in the minutes piece.
How Often Does the Fed Meet?
Eight scheduled meetings a year, roughly every six weeks, each running two days with the decision on day two. Four of the eight (March, June, September and December) publish the Summary of Economic Projections, the release that contains the dot plot, which is why those meetings carry more weight in market pricing. The committee can also act between meetings when it wants to; it did so by notation vote on August 22, 2025.
Around every meeting sits a blackout period, from the second Saturday before it until the Thursday after, during which officials do not speak publicly about policy. A quiet Fed week is often a blackout week, not a signal.
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Common Questions
- What time is the Fed decision announced?
- The FOMC statement publishes at 2:00pm Eastern Time on the second day of each scheduled meeting, and the chair takes questions at 2:30pm ET. Minutes of the meeting follow three weeks later, also at 2:00pm ET.
- What is the current fed funds rate?
- The federal funds target range is 3.50-3.75%, set at the December 10, 2025 meeting and left unchanged at every meeting since.
- When did the Fed last cut rates?
- December 10, 2025, by a quarter point to 3.50-3.75%. It was the third consecutive cut of late 2025, and the committee has held at that range through every 2026 meeting so far.
- Will the Fed cut rates in 2026?
- Market pricing treats a hike, not a cut, as the likelier next move. The June 2026 dot plot put the median year-end projection at 3.8%, above the current range, with nine members pencilling in at least one hike, and three officials dissented in favour of a hike at the July meeting. Pricing moves daily; the September meeting hub tracks it.
- Which Fed meetings include a dot plot?
- Four a year: March, June, September and December. Those meetings publish the Summary of Economic Projections, which contains the dot plot of each official’s rate path, alongside the statement.
- How many times a year does the Fed meet?
- Eight scheduled two-day meetings, roughly every six weeks. The committee can also act between meetings by unscheduled votes, as it did with a notation vote on August 22, 2025.
- Who is the Fed chair?
- Kevin Warsh, since May 22, 2026, confirmed by the Senate 54-45. He replaced Jerome Powell, whose last meeting as chair was April 2026 and who remains on the Board of Governors.
Where these dates come from
Every meeting date above comes from the Federal Reserve’s own meeting calendar, which also sets the 2:00pm statement and 2:30pm press conference times, and was last checked against this page on August 30, 2026. The Fed labels future dates tentative and occasionally moves one, so the schedule is typed in from the published source and covered by a test rather than calculated. Decision outcomes and vote splits come from meeting-day reporting by CNBC and Bloomberg, cross-checked against the Fed’s statements; a vote column is left blank where the split was not verified against a second source.
The schedule is also downloadable: CSV and JSON, CC BY 4.0. Macro prints that feed each decision live on the economic calendar.