The Federal Reserve is scheduled to announce its next interest rate decision on 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:* Federal Reserve Chair Jerome Powell will hold a press conference at 2:30 PM Eastern Time (6:30 PM Coordinated Universal Time) to discuss the decision and provide economic insights.
The Federal Reserve typically announces its interest rate decisions 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 keep the current interest rate unchanged.
- #Jerome_Powell (Chair of the Federal Reserve)