The Federal Reserve's next interest rate decision is scheduled for *May 7, 2025*. Here's what you need to know :
- *Date:* May 6-7, 2025 (two-day meeting)
- *Time:* 2:00 PM Eastern Time (ET) or 6:00 PM Coordinated Universal Time (UTC) on May 7
- *Press Conference:* Fed Chair Jerome Powell will hold a press conference at 2:30 PM ET (6:30 PM UTC) to discuss the decision and provide economic insights
The Federal Reserve typically announces its decisions regarding interest rates eight times a year, approximately every six weeks, during Federal Open Market Committee (FOMC) meetings. These decisions determine whether the central bank will raise, lower, or leave the current interest rate unchanged .
- #JeromePowell (Fed Chair)