{
  "name": "FOMC Meeting Calendar and Rate Decision Record, 2025-2027",
  "publisher": "Regards of Wallstreet",
  "url": "https://www.regardsofwallstreet.com/tools/fed-meeting-calendar",
  "license": "https://creativecommons.org/licenses/by/4.0/",
  "cite_as": "Fed Meeting Calendar, Regards of Wallstreet, https://www.regardsofwallstreet.com/tools/fed-meeting-calendar",
  "definitions": {
    "times": "The statement publishes at 2:00pm ET on the decision day; the press conference begins at 2:30pm ET. Minutes follow three weeks later at 2:00pm ET.",
    "sep": "True when the meeting publishes a Summary of Economic Projections, the release containing the dot plot.",
    "outcome": "Present once the decision has been reported and verified against two sources. rangeAfter is the federal funds target range in force after the meeting, in percent. vote is null where the split was not verified.",
    "scope": "Scheduled two-day policy meetings only. Intermeeting notation votes are out of scope."
  },
  "source": "https://www.federalreserve.gov/monetarypolicy/fomccalendars.htm",
  "current_target_range": [
    3.5,
    3.75
  ],
  "current_target_range_label": "3.50-3.75%",
  "last_range_change": {
    "decision": "2025-12-10",
    "action": "cut",
    "bps": 25
  },
  "generated_at": "2026-08-31T00:19:23.575Z",
  "meetings": [
    {
      "start": "2025-01-28",
      "decision": "2025-01-29",
      "sep": false,
      "chair": "Powell",
      "outcome": {
        "action": "hold",
        "bps": 0,
        "rangeAfter": [
          4.25,
          4.5
        ],
        "vote": null,
        "note": null
      }
    },
    {
      "start": "2025-03-18",
      "decision": "2025-03-19",
      "sep": true,
      "chair": "Powell",
      "outcome": {
        "action": "hold",
        "bps": 0,
        "rangeAfter": [
          4.25,
          4.5
        ],
        "vote": null,
        "note": null
      }
    },
    {
      "start": "2025-05-06",
      "decision": "2025-05-07",
      "sep": false,
      "chair": "Powell",
      "outcome": {
        "action": "hold",
        "bps": 0,
        "rangeAfter": [
          4.25,
          4.5
        ],
        "vote": null,
        "note": null
      }
    },
    {
      "start": "2025-06-17",
      "decision": "2025-06-18",
      "sep": true,
      "chair": "Powell",
      "outcome": {
        "action": "hold",
        "bps": 0,
        "rangeAfter": [
          4.25,
          4.5
        ],
        "vote": null,
        "note": null
      }
    },
    {
      "start": "2025-07-29",
      "decision": "2025-07-30",
      "sep": false,
      "chair": "Powell",
      "outcome": {
        "action": "hold",
        "bps": 0,
        "rangeAfter": [
          4.25,
          4.5
        ],
        "vote": null,
        "note": null
      }
    },
    {
      "start": "2025-09-16",
      "decision": "2025-09-17",
      "sep": true,
      "chair": "Powell",
      "outcome": {
        "action": "cut",
        "bps": 25,
        "rangeAfter": [
          4,
          4.25
        ],
        "vote": null,
        "note": "First cut since December 2024."
      }
    },
    {
      "start": "2025-10-28",
      "decision": "2025-10-29",
      "sep": false,
      "chair": "Powell",
      "outcome": {
        "action": "cut",
        "bps": 25,
        "rangeAfter": [
          3.75,
          4
        ],
        "vote": null,
        "note": null
      }
    },
    {
      "start": "2025-12-09",
      "decision": "2025-12-10",
      "sep": true,
      "chair": "Powell",
      "outcome": {
        "action": "cut",
        "bps": 25,
        "rangeAfter": [
          3.5,
          3.75
        ],
        "vote": null,
        "note": "Three dissents, the first three-vote split since September 2019. The last change in the target range."
      }
    },
    {
      "start": "2026-01-27",
      "decision": "2026-01-28",
      "sep": false,
      "chair": "Powell",
      "outcome": {
        "action": "hold",
        "bps": 0,
        "rangeAfter": [
          3.5,
          3.75
        ],
        "vote": null,
        "note": "Miran and Waller dissented, both preferring a quarter-point cut."
      }
    },
    {
      "start": "2026-03-17",
      "decision": "2026-03-18",
      "sep": true,
      "chair": "Powell",
      "outcome": {
        "action": "hold",
        "bps": 0,
        "rangeAfter": [
          3.5,
          3.75
        ],
        "vote": "11-1",
        "note": "Miran again dissented for a cut; Waller moved to hold."
      }
    },
    {
      "start": "2026-04-28",
      "decision": "2026-04-29",
      "sep": false,
      "chair": "Powell",
      "outcome": {
        "action": "hold",
        "bps": 0,
        "rangeAfter": [
          3.5,
          3.75
        ],
        "vote": "8-4",
        "note": "Four dissents, the first since October 1992, split over the path ahead. Powell’s final meeting as chair."
      }
    },
    {
      "start": "2026-06-16",
      "decision": "2026-06-17",
      "sep": true,
      "chair": "Warsh",
      "outcome": {
        "action": "hold",
        "bps": 0,
        "rangeAfter": [
          3.5,
          3.75
        ],
        "vote": "Unanimous",
        "note": "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."
      }
    },
    {
      "start": "2026-07-28",
      "decision": "2026-07-29",
      "sep": false,
      "chair": "Warsh",
      "outcome": {
        "action": "hold",
        "bps": 0,
        "rangeAfter": [
          3.5,
          3.75
        ],
        "vote": "9-3",
        "note": "Hammack, Kashkari and Logan each dissented for a quarter-point hike, the first three dissents in the same direction since September 2016."
      }
    },
    {
      "start": "2026-09-15",
      "decision": "2026-09-16",
      "sep": true,
      "chair": "Warsh",
      "outcome": null
    },
    {
      "start": "2026-10-27",
      "decision": "2026-10-28",
      "sep": false,
      "chair": "Warsh",
      "outcome": null
    },
    {
      "start": "2026-12-08",
      "decision": "2026-12-09",
      "sep": true,
      "chair": "Warsh",
      "outcome": null
    },
    {
      "start": "2027-01-26",
      "decision": "2027-01-27",
      "sep": false,
      "chair": "Warsh",
      "outcome": null
    },
    {
      "start": "2027-03-16",
      "decision": "2027-03-17",
      "sep": true,
      "chair": "Warsh",
      "outcome": null
    },
    {
      "start": "2027-04-27",
      "decision": "2027-04-28",
      "sep": false,
      "chair": "Warsh",
      "outcome": null
    },
    {
      "start": "2027-06-08",
      "decision": "2027-06-09",
      "sep": true,
      "chair": "Warsh",
      "outcome": null
    },
    {
      "start": "2027-07-27",
      "decision": "2027-07-28",
      "sep": false,
      "chair": "Warsh",
      "outcome": null
    },
    {
      "start": "2027-09-14",
      "decision": "2027-09-15",
      "sep": true,
      "chair": "Warsh",
      "outcome": null
    },
    {
      "start": "2027-10-26",
      "decision": "2027-10-27",
      "sep": false,
      "chair": "Warsh",
      "outcome": null
    },
    {
      "start": "2027-12-07",
      "decision": "2027-12-08",
      "sep": true,
      "chair": "Warsh",
      "outcome": null
    }
  ]
}