FOMC Meeting Schedule 2026 (and 2025 & 2027 Dates)
The complete Federal Reserve FOMC meeting calendar — official 2026 dates, the remaining 2025 schedule, a 2027 preview, and every rate decision. Jump to any month or see a live countdown to the next meeting.
Last updated · Maintained by FedRateCalc, with meeting dates verified against the Federal Reserve's official calendar
When Is the Next FOMC Meeting?
The next FOMC meeting is Jul 28, 2026 – Jul 29, 2026. The interest rate decision will be announced on Wednesday, July 29, 2026, which is 35 days from today. The Federal Open Market Committee meets 8 times per year to set the federal funds rate. The decision is announced at 2:00 PM ET on the second day of the meeting.
Next FOMC Meeting
Wednesday, July 29, 2026
Decision announcement expected at 2:00 PM ET
View live countdown →35
days remaining
Current Rate
3.5% - 3.75%
Economic Projections
No SEP
🔮What to Expect at the Next FOMC Meeting
Heading into the Jul 28, 2026 – Jul 29, 2026 meeting, the policy backdrop is one of patience. The FOMC has held the federal funds rate at 3.5% – 3.75% for four consecutive meetings, and the June 2026 meeting was the first chaired by Kevin Warsh. Notably, the June Summary of Economic Projections (SEP) shifted the median year-end 2026 rate projection higher, so the "dot plot" now leans toward at least one rate hike rather than a cut — a meaningful change in tone from earlier in the year.
How markets gauge what the Fed will do
No one knows the outcome in advance, but a few tools shape expectations. The dot plot, published with the SEP four times a year (March, June, September, December), shows where each policymaker expects rates to end up. Between meetings, traders watch fed funds futures, summarized by the CME FedWatch Tool, which converts market pricing into implied probabilities of a hold, cut, or hike at each upcoming meeting. Incoming inflation and jobs data move these odds in the weeks before each decision.
What the market is currently pricing
As of June 2026, fed funds futures imply roughly a 89% probability of a hold (about an 11% chance of a hike) at the July 2026 meeting, with markets pricing in around one 25 basis-point hike by late 2026 — consistent with the more hawkish June dot plot. These probabilities move constantly with new data; check the live CME FedWatch Tool for the latest reading before the meeting.
Market-implied odds are estimates derived from futures pricing, not a forecast or guarantee, and they change frequently. This page is for general information only and is not investment advice. For the official outcome, see the latest Fed rate decision or the live countdown to the next meeting.
📅2026 FOMC Meeting Schedule & Fed Meeting Dates
| Month | Meeting Dates | SEP | Status |
|---|---|---|---|
| January 2026 | Jan 27, 2026 - Jan 28, 2026 | - | ✓ Completed |
| March 2026 | Mar 17, 2026 - Mar 18, 2026 | ✓ SEP | ✓ Completed |
| April 2026 | Apr 28, 2026 - Apr 29, 2026 | - | ✓ Completed |
| June 2026 | Jun 16, 2026 - Jun 17, 2026 | ✓ SEP | ✓ Completed |
| July 2026Next | Jul 28, 2026 - Jul 29, 2026 | - | Upcoming |
| September 2026 | Sep 15, 2026 - Sep 16, 2026 | ✓ SEP | Upcoming |
| October 2026 | Oct 27, 2026 - Oct 28, 2026 | - | Upcoming |
| December 2026 | Dec 8, 2026 - Dec 9, 2026 | ✓ SEP | Upcoming |
Every 2026 meeting includes a Fed Chair press conference at 2:30 PM ET. Four meetings (March, June, September, December) also include the Summary of Economic Projections (SEP) with the dot plot. Dates verified against the Federal Reserve Board.
📅2025 Fed Meeting Schedule & Rate Decisions
| Meeting Dates | SEP | Decision | Rate | Status |
|---|---|---|---|---|
| Jan 28, 2025 - Jan 29, 2025 | - | Hold | 4.25% - 4.50% | ✓ Completed |
| Mar 18, 2025 - Mar 19, 2025 | ✓ SEP | Hold | 4.25% - 4.50% | ✓ Completed |
| May 6, 2025 - May 7, 2025 | - | Hold | 4.25% - 4.50% | ✓ Completed |
| Jun 17, 2025 - Jun 18, 2025 | ✓ SEP | -25 bps | 4.00% - 4.25% | ✓ Completed |
| Jul 29, 2025 - Jul 30, 2025 | - | Hold | 4.00% - 4.25% | ✓ Completed |
| Sep 16, 2025 - Sep 17, 2025 | ✓ SEP | -25 bps | 3.75% - 4.00% | ✓ Completed |
| Nov 4, 2025 - Nov 5, 2025 | - | Hold | 3.75% - 4.00% | ✓ Completed |
| Dec 9, 2025 - Dec 10, 2025 | ✓ SEP | -25 bps | 3.50% - 3.75% | ✓ Completed |
SEP = Summary of Economic Projections (includes dot plot and economic forecasts)
🗓️2027 FOMC Meeting Schedule (Tentative Preview)
| Month | Meeting Dates | SEP |
|---|---|---|
| January 2027 | Jan 26, 2027 - Jan 27, 2027 | - |
| March 2027 | Mar 16, 2027 - Mar 17, 2027 | ✓ SEP |
| April 2027 | Apr 27, 2027 - Apr 28, 2027 | - |
| June 2027 | Jun 8, 2027 - Jun 9, 2027 | ✓ SEP |
| July 2027 | Jul 27, 2027 - Jul 28, 2027 | - |
| September 2027 | Sep 14, 2027 - Sep 15, 2027 | ✓ SEP |
| October 2027 | Oct 26, 2027 - Oct 27, 2027 | - |
| December 2027 | Dec 7, 2027 - Dec 8, 2027 | ✓ SEP |
2027 dates are the Federal Reserve's tentative schedule and may be confirmed or adjusted closer to the year.
📈Fed Interest Rate History & Decisions
❓FOMC Meeting FAQs - Your Questions Answered
What is the FOMC?
The Federal Open Market Committee (FOMC) is the monetary policymaking body of the Federal Reserve System. It consists of 12 members and meets eight times per year to set the federal funds rate target, which influences interest rates throughout the economy.
When is the next FOMC meeting?
The next FOMC meeting is Jul 28, 2026 – Jul 29, 2026, with the rate decision on July 29, 2026 (35 days from today). See the live countdown.
How many FOMC meetings are there in a year?
The FOMC holds eight regularly scheduled meetings per year, approximately every six weeks. Four of these meetings include the Summary of Economic Projections (SEP), which contains the "dot plot" showing individual members' rate expectations.
What is the FOMC meeting schedule for 2026?
The 2026 FOMC meetings are January 27-28, March 17-18, April 28-29, June 16-17, July 28-29, September 15-16, October 27-28, December 8-9. SEP meetings are in March, June, September, and December.
What time does the FOMC announce its decision?
The FOMC announces its interest rate decision 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.
How does the FOMC meeting affect mortgage rates?
While the Fed doesn't directly set mortgage rates, its federal funds rate target influences borrowing costs throughout the economy. When the Fed raises rates, mortgage rates typically increase. When the Fed cuts rates, mortgage rates often decrease. Calculate your mortgage payment →
What is the Summary of Economic Projections (SEP)?
The SEP is released four times per year and includes economic forecasts from FOMC participants. It contains the famous "dot plot" showing where each member expects the federal funds rate to be in the future, along with projections for GDP growth, unemployment, and inflation.
Next FOMC Meeting Countdown
A live countdown to the next Fed rate decision — exact date, time, and days remaining.
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FOMC meeting dates sourced from Federal Reserve Board. Last updated: June 23, 2026