Fed Rate Decision Today
Whether there is a Federal Reserve interest rate decision today, the exact date and time of the next one, and the most recent result.
No Fed rate decision today. The next Federal Reserve interest rate decision is Wednesday, July 29, 2026 at 2:00 PM ET — 36 days from today. The current target rate is 3.5% – 3.75%.
Countdown to the Next Rate Decision
Wednesday, July 29, 2026 · 2:00 PM ET
Adds every upcoming Fed rate decision to your calendar.
Last Fed Rate Decision
June 2026 meeting · Wednesday, June 17, 2026
See latest statement
New target range
3.5% – 3.75%
What Happens on Fed Rate Decision Day
- 2:00 PM
Rate decision & statement
The FOMC releases its policy statement, announcing whether the federal funds target range is raised, lowered, or held steady.
- 2:00 PM
Economic projections (4× / year)
At the March, June, September, and December meetings, the Fed also publishes the Summary of Economic Projections and the "dot plot."
- 2:30 PM
Chair press conference
The Fed Chair explains the decision and takes questions from reporters; markets often move on these remarks.
- +3 wks
Meeting minutes
About three weeks later, the Fed publishes the detailed minutes of the meeting's discussion.
Fed Rate Decision — FAQs
Is there a Fed rate decision today?
No. The next Federal Reserve interest rate decision is on Wednesday, July 29, 2026 at 2:00 PM ET — 36 days from today.
What time is the Fed rate decision announced?
The FOMC releases its interest rate decision and policy statement at 2:00 PM Eastern Time on the second day of each two-day meeting. The Fed Chair holds a press conference at 2:30 PM ET.
What was the last Fed interest rate decision?
The current federal funds target range is 3.5% – 3.75%.
What is the current federal funds rate?
The current federal funds target range is 3.5% – 3.75%, set by the FOMC and effective as of June 23, 2026.
How often does the Fed decide on interest rates?
The Federal Open Market Committee decides on interest rates at eight regularly scheduled meetings each year, roughly every six weeks. It can also act at unscheduled meetings during emergencies.
Next FOMC Meeting Countdown
Live countdown to the next Fed meeting with an .ics calendar download.
Full FOMC Meeting Schedule
Every 2025–2027 Fed meeting date and past rate decision.
Authoritative sources: Federal Reserve · FOMC · FRED Economic Data · U.S. Treasury
Rate and meeting data sourced from the Federal Reserve Board. Last updated: June 23, 2026.