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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 October 27-28, 2026. The decision lands October 28, 2026 at 2:00pm ET.
Target range now: 3.75-4.00%, last raised September 16, 2026.
Current target range
3.75-4.00%
Since September 16, 2026
Decisions left in 2026
2
Of 8 scheduled meetings
Next dot plot
December 9, 2026
Summary of Economic Projections
This Week on the Calendar
The Fed's dates for the week, day by day. Select a calendar to lay the earnings, economic data, lock-up and FDA calendars over the same five days, or download the week as one image.
Week of October 12-16
Week 1 of 4
MonMonday
Oct 12Data & events
Nothing scheduled
TueTuesday
Oct 13Data & events
Nothing scheduled
WedWednesday
Oct 14Data & events
Nothing scheduled
ThuThursday● Today
Oct 15Data & events
Nothing scheduled
FriFriday
Oct 16Data & events
Nothing scheduled
Times are Eastern. An FDA date that falls on a weekend sits on the Friday before it, with the action date on the row.
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. The first five decisions of 2026 held the range at 3.50-3.75% while the committee split more with each vote: two dissents in January, four in April, three in July. The sixth, on September 16, raised it a quarter point to 3.75-4.00% with no dissents. Two meetings remain, October 27-28 and December 8-9, and December brings the next dot plot. 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 | Raised 25bp to 3.75-4.00%12-0 |
| October 27-28, 2026 | 2:00pm ET | No | Next meeting |
| 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 |
What Did the Fed Do in September?
It raised rates. On September 16 the FOMC lifted the target range a quarter point to 3.75-4.00%, the first increase since 2023, on a 12-0 vote, and the median dot for the end of 2026 moved to 4.1%, one more quarter point above the new range. Stocks were higher into the statement, turned lower during Chair Warsh’s press conference and the S&P 500 closed down 0.45% at 7,551.81. The September meeting page has the statement, the projections, what Warsh said, the close and the minutes. The minutes, published October 7, show that most officials expected another hike by the end of 2026, without saying whether it comes on October 28 or December 9. The next decision is October 28.
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, five holds at 3.50-3.75% through the summer of 2026, and a quarter-point hike on September 16, 2026. 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. |
| September 16, 2026 | Hike 25bp12-0 | 3.75-4.00% | The first increase since 2023, and no dissents: the three who dissented for a hike in July got it. The dot plot put the 2026 median at 4.1%, a quarter point above the new range, and held 2027 at 4.1% against June’s 3.6%. The minutes, published October 7, show most participants expected another increase by year end. |
The three-dissent minutes from the July hold are covered in the minutes piece; and the September 16 hike, with the dot plot and the close, is on the September meeting page.
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 3.75-4.00%, set by a hike of a quarter point at the September 16, 2026 meeting, the most recent decision.
- When did the Fed last cut rates?
- December 10, 2025, by a quarter point to 3.50-3.75%, the third consecutive cut of late 2025. The committee held that range through the first five meetings of 2026, then raised it a quarter point to 3.75-4.00% on September 16, 2026.
- Will the Fed cut rates in 2026?
- No cut is in the committee’s own forecast. The September 2026 dot plot puts the median federal funds rate at 4.1% for the end of 2026, a quarter point above the 3.75-4.00% range set on September 16, so the central case is one more hike this year. The 2027 median is also 4.1%, which removes the cut the June projections had pencilled in for next year.
- 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 September 16, 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.