US Federal Reserve Meeting Underway
The United States Federal Reserve (US Fed) is holding its two-day Federal Open Market Committee (FOMC) meeting to decide the key benchmark interest rates for the US economy. This meeting is crucial for global investors as the US interest rate movement tends to have a ripple effect on other major economies around the world.
Previous Interest Rate Cuts
In the US Fed's October meeting, the central bank decided to cut the interest rates by 25 basis points to the range of 3.75% to 4.00%. This was the second interest rate easing move in 2025, after the central bank reduced the rates for the first time since December 2024, in September 2025.
Upcoming Decision and Schedule
The US Federal Reserve's FOMC is conducting its two-day policy meeting starting from Tuesday, 9 December 2025, and is scheduled to announce its outcome on Wednesday, 10 December 2025. The Federal Reserve is scheduled to announce the policy outcome at 2 p.m. (EDT) in the United States, which is 12:30 a.m. (IST) on Thursday.
Jerome Powell's Address
US Federal Reserve Chairman Jerome Powell is set to address a press conference at 2:30 p.m. (EDT) on the US Fed's policy decision and the outlook of the central bank for the US economy. Investors can watch the Federal Reserve Chairman speak at 1 a.m. (IST) on Thursday through the official live-streaming on the US Federal Reserve's official website or YouTube channel.
Market Predictions
The CME Group's FedWatch data predicts that there is an 89.6% chance that the US Fed cuts its rate further to 3.50-3.75% from its current levels, marking another 25 basis point rate cut. However, 10.4% of the market still expects the central bank to hold the key interest rate at its current level of 3.75-4.00%.
- US Federal Reserve meeting dates: 9-10 December 2025
- Policy outcome announcement: 2 p.m. (EDT) on Wednesday, 10 December 2025
- Jerome Powell's address: 2:30 p.m. (EDT) on Wednesday, 10 December 2025
Investors can follow the official commentary and real-time updates on the US Federal Reserve's policy outcome through the official website or financial news channels.