Fed Meeting Date: Here's When FOMC's Rate Decision Will Be Announced, And What You Should Expect
Synopsis
The two-day meeting of the Federal Reserve is already underway, with the outcome scheduled to be announced on Wednesday at 2 p.m. ET.
The Federal Open Market Committee (FOMC) will review the latest economic data on Tuesday and Wednesday to determine whether an interest rate cut is needed.
While the two-day meeting of the Federal Reserve is already underway, the outcome is scheduled to be announced on Wednesday at 2 p.m. ET. Markets widely expect the central bank to cut interest rates by 25 basis points. The CME FedWatch tool indicates a 96.1% probability of a 25-basis-point rate cut.
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