The Federal Open Market Committee (FOMC) is set to convene on March 18 and 19, for its second monetary policy meeting of 2025. Fresh tariffs from the Trump administration, paired with retaliatory action from US trade partners, have dented consumer sentiment and fanned Americans’ expectations for future inflation. So, all eyes will be on the Federal Reserve as it announces its decision on benchmark interest rates.
The FOMC meets eight times a year. In 2025, this will be its second meeting. The first meeting of 2025 was held on Jan. 28 and 29.
The Fed’s rate announcement is expected to maintain short-term interest rates at their current level of 4.25% to 4.50%, with little likelihood of a rate cut. These rates have remained steady since Dec. 2024, when policymakers projected two quarter-percentage-point cuts for 2025.
US Federal Reserve FOMC Meeting 2025: Date And Time
The FOMC holds eight scheduled meetings annually, with additional sessions as needed. The upcoming two-day meeting will take place on Mar. 18 and 19, with the key interest rate announcement scheduled for Mar. 19 at 2 p.m. ET (Mar. 20, 12:30 a.m. IST). Alongside the decision, the FOMC's economic projections will also be released.
Following the end of the meeting, US Federal Reserve Chair Jerome Powell will hold a press conference on Mar. 19 at 2:30 p.m. ET (Mar. 20, 1 a.m. IST) to discuss the policy outlook and address questions from the media.
Where And Where To Watch The FOMC Meet?
The FOMC meeting can be watched live on the Official YouTube channel of NDTV Profit. The live stream will also be available on official social media platforms of Federal Reserve.
Powell's press conference following the meeting will also be streamed live on NDTV Profit's YouTube channel.
The Federal Reserve will also live stream the press conference on its official platforms, allowing the public and investors to tune in. You can watch the streaming at:
Federal Reserve YouTube channel: https://www.youtube.com/federalreserve
Federal Reserve X (formerly Twitter) handle: https://x.com/federalreserve
Federal Reserve official website: https://www.federalreserve.gov/live-broadcast.htm
FOMC Meeting Calendar
Following the March 2025 session, the next FOMC meeting is scheduled to take place on May 6 and 7, 2025.
US Fed Meeting Highlights
During the previous meeting which tool place in Jan. 2025, the Fed decided to hold interest rates steady. The FOMC maintained the federal funds rate within the 4.25% to 4.50% range. It came after three consecutive rate cuts since September 2024.
The Fed said that economic activity had continued to grow at a steady pace. On the labour market, it showed some optimism. "The unemployment rate has stabilised at a low level in recent months and labour market conditions remain solid. Inflation remains somewhat elevated," the US Fed statement read.
During the press conference, Powell said that the labour market was not a major driver of inflation. He added that the Fed would need to see “real progress on inflation or some weakness in the labour market” before considering making adjustments.
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