US Federal Reserve Meeting: Interest Rate Decision Expected Today

The United States Federal Reserve is currently concluding a two-day meeting of its Federal Open Market Committee (FOMC), where a crucial decision regarding the benchmark interest rate is anticipated. The outcome of this meeting is scheduled to be disclosed on Wednesday, 10 December 2025, at 2 p.m. Eastern Daylight Time (EDT).

In the Fed's previous meeting in October, a 25 basis point cut was implemented, reducing the federal funds target range to between 3.75% and 4.00%. This latest meeting comes amid growing expectations that the committee, led by Chair Jerome Powell, may decide to continue on this path of easing monetary policy. Changes in US interest rates have significant implications, often influencing global borrowing costs and capital flows.

Key Dates and Announcement Timing The FOMC meeting commenced on Tuesday, 9 December 2025, and will wrap up on Wednesday. Following the conclusion of deliberations, the Fed will announce its policy decision and any alterations to interest rates. This announcement timing has been adjusted due to the observance of Daylight Saving Time, with the announcement expected at 12:30 a.m. Indian Standard Time (IST).

Jerome Powell's Press Conference Chair Jerome Powell is set to hold a press conference at 2:30 p.m. EDT, shortly after the policy release. During this address, he is expected to discuss the committee's decision, provide an economic assessment, and outline the Fed's future policy direction.

Market Expectations As of the latest available information, market analysts are largely predicting a further rate cut of 25 basis points. The CME FedWatch Tool indicated an 87.6% probability of this outcome. If enacted, this would mark the third consecutive rate cut, following similar reductions in September and October. The ongoing trend suggests a shift towards a more aggressive easing policy after a prolonged period of high interest rates throughout 2024 and into early 2025.

Where to Watch Jerome Powell's Address For those interested in following Jerome Powell's speech, it will be streamed live on the official website of the US Federal Reserve at https://www.federalreserve.gov/. Additionally, the Fed's official YouTube channel will provide a live telecast of the address on Wednesday, accessible via https://www.youtube.com/federalreserve. Investors and analysts alike are keenly awaiting these developments, as they could significantly impact market conditions and economic forecasts moving forward.