USD · Federal Reserve

FOMC Meeting and Fed Rate Decision

The next Fed rate decision in UTC, graded by the market reaction past decisions actually produced.

Next rate decision

in 38 days
Wednesday, October 28, 2026
18:00 UTC
Statement 2:00 pm ET, press conference 2:30 pm ET
REVDEN impact Critical
Raw calendar label Set in the release week

REVDEN grades the rate decision Critical, from the reaction past decisions actually produced.

One meeting, three releases

Wed, Oct 28 · UTC
18:00 Federal Funds Rate REVDENCritical Raw labelRelease week
18:00 FOMC Statement REVDENRelease week Raw labelRelease week
18:30 FOMC Press Conference REVDENCritical Raw labelRelease week

How REVDEN grades. Every release is graded by the market reaction it actually produced, measured at 15 min, 1 h and 4 h. That grade overrides the raw label.

What is the FOMC meeting?

The Federal Open Market Committee sets the policy rate of the United States, the target range for the federal funds rate. It meets eight times a year. The decision and the statement are released at 2:00 pm Eastern Time, and the Chair's press conference follows at 2:30 pm. In UTC that is 18:00 and 18:30 during US daylight saving time, and 19:00 and 19:30 in winter.

Four meetings a year, in March, June, September and December, also bring the Summary of Economic Projections with the dot plot. The minutes of each meeting follow three weeks after the decision.

FOMC meetings 2026

January 27-28 Wed, Jan 28 · 19:00 UTC
March 17-18 Wed, Mar 18 · 18:00 UTC Projections
April 28-29 Wed, Apr 29 · 18:00 UTC
June 16-17 Wed, Jun 17 · 18:00 UTC Projections
July 28-29 Wed, Jul 29 · 18:00 UTC
September 15-16 Wed, Sep 16 · 18:00 UTC Projections
December 8-9 Wed, Dec 9 · 19:00 UTC Projections
Source: Federal Reserve Board, FOMC meeting calendar. Decision times converted from 2:00 pm Eastern Time.
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