What time is the Fed meeting today: Interest rate decision at 2 PM ET, but Powell’s 2:30 PM remarks might shock the market

What time is the Fed meeting today? The Federal Reserve announces its final interest rate decision of 2025 at 2:00 PM ET on Wednesday, December 10, 2025. Fed Chair Jerome Powell will hold his press conference at 2:30 PM ET today. Markets expect the third consecutive rate cut this year.

When Does the Fed Meeting Decision Drop Today?

The Federal Reserve Board concludes its two-day December meeting today with a momentous decision. At precisely 2:00 PM Eastern Time, the central bank releases its official policy statement and interest rate determination. This timing is critical for financial markets worldwide. Investors have been watching closely as the Fed grapples with economic uncertainties.

Powell’s news conference begins exactly 30 minutes later at 2:30 PM ET. This is when he explains the reasoning behind today’s decision and fields questions from reporters. The Fed Chair’s remarks often move markets significantly as investors parse language for clues about future policy directions.

What Markets Expect from Powell’s Remarks Today

Financial markets are pricing an 87% probability of a 0.25% (25 basis point) rate cut at today’s meeting. This would mark the third consecutive cut since September 2025. If approved, borrowing costs drop to the 3.50-3.75% range. This is the lowest level in nearly three years for the federal funds rate.

The real drama centers on Powell’s forward guidance. Policymakers appear divided over the extent of future cuts needed in 2026. Some officials worry inflation could resurge, while others prioritize economic growth. Powell’s language choice during his 2:30 PM remarks will signal whether the Fed plans to pause rate cuts soon or maintain more aggressive easing.

Key Details from Today’s Fed Meeting Schedule

Why This December Decision Matters for Your Wallet

The Fed’s rate decisions directly impact mortgage rates, auto loans, and credit card interest rates for American consumers. A quarter-point cut signals the central bank believes economic growth can continue without runaway inflation. However, some Fed officials expect to pause or slow cuts next year due to inflation concerns.

Economists and market watchers are split on 2026 policy. If Powell’s 2:30 PM remarks suggest fewer cuts ahead, stock markets could sell off and bond yields could rise. Conversely, if he signals an accommodative stance, risk assets may rally. The language Powell chooses matters enormously for financial planning across the economy.

How Will Powell Address 2026 Rate Outlook After Today’s Decision?

The most pivotal moment might come during the question-and-answer portion of Powell’s press conference. Journalists will probe him about the Fed’s plans for successive interest rate adjustments. The policy statement released at 2:00 PM will include updated guidance, but Powell’s verbal commentary at 2:30 PM will provide critical color.

Analysts note dissenting votes could occur today, with some officials opposing any additional cuts this year or next. Powell must navigate these divisions while maintaining confidence in the Fed’s inflation-fighting credibility. His words will be dissected for any hints about the timing and magnitude of future rate moves beyond today’s expected quarter-point reduction.

Sources

• Reuters – Fed rate decision and Powell press conference timing
• Yahoo Finance – Market probability of 25 basis point cut at 87%
• CNN Business – Federal Reserve 2026 rate outlook expectations

Patrick Graham

Patrick Graham is a business and finance journalist translating Wall Street’s complexities into stories that matter to everyday readers. With extensive experience in financial journalism and economic analysis, this expert journalist provides sharp insights on market trends, corporate developments, and the economic forces affecting daily life. His reporting helps readers make sense of the business world’s biggest moves.