The Federal Open Market Committee (FOMC) is a crucial branch of the Federal Reserve, responsible for setting monetary policy in the United States. Its decisions significantly impact financial markets, mortgage rates, and economic growth.

The FOMC is composed of twelve members, including the Board of Governors and rotating Federal Reserve Bank presidents. This diverse composition ensures regional representation in monetary policy decisions. The committee's primary objective is to promote maximum employment and price stability, often through adjusting interest rates.


How often does the Fed meet to change interest rates?
The Federal Reserve (via the FOMC) meets eight times per year on a pre-scheduled basis to discuss and potentially adjust interest rates. However, interest rate changes do not occur at every meeting, decisions are based on economic conditions, inflation trends, and employment data.

Upcoming FOMC MeetingsThe next FOMC meeting is scheduled for June 17-18, 2025. Here are the key dates for the FOMC meetings in 2025 and 2026 :

  • June 17-18* (with Summary of Economic Projections)

  • July 29-30

  • September 16-17* (with Summary of Economic Projections)

  • October 28-29

  • December 9-10* (with Summary of Economic Projections)

  • 2026 Meetings:

  • January 27-28

  • March 17-18* (with Summary of Economic Projections)

  • April 28-29

  • June 16-17* (with Summary of Economic Projections)

  • July 28-29

  • September 15-16* (with Summary of Economic Projections)

  • October 27-28

  • December 8-9* (with Summary of Economic Projections)

The FOMC typically releases its policy statement at 18:00 UTC (14:00 ET) on the second day of the meeting, followed by a press conference led by the Federal Reserve Chair.

Conclusion

The FOMC plays a vital role in shaping the US economy through its monetary policy decisions. Understanding its meeting schedule and interest rate expectations can help investors and individuals make informed decisions. Stay tuned for updates on the FOMC's upcoming meetings and their impact on the economy.

👉 More details on June's FOMC meetings Details