The Federal Open Market Committee (FOMC), meeting for the first time in 2025, is scheduled to announce its policy decisions in a few hours. This marks the first time the committee will discuss policy after Donald Trump took office as U.S. President on Jan. 20.With Trump returning to the White House, all eyes will be on Fed Chair Jerome Powell and his team as they announce decisions regarding U.S. monetary policy, which typically has a ripple effect on markets worldwide.Ahead of the meeting announcements, multiple media reports have suggested that the Federal Reserve officials are likely to keep interest rates steady this time.Here is everything you need to know about the US Fed Meeting: US Fed Meeting: Date And Time The US Federal Reserve's two-day policy meeting began on Jan. 28 and will conclude on Jan. 29. The decisions will be announced by US Fed Chair Jerome Powell in a press conference on Wednesday at approximately 2:30 p.m. local time (around 12:30 a.m. IST, Thursday).US Fed Meeting: Jerome Powell Flags Inflation Risk In 2025 As FOMC Sees Fewer Interest Rate CutsUS Fed Meeting Live Streaming: Where And How To Watch The FOMC Meet? Powell's press conference following the meeting will be streamed live on NDTV Profit's YouTube channel. The media briefing will also be available for live streaming on the US Fed's official website at https://www.federalreserve.gov/live-broadcast.htm. Viewers can also watch the press conference live on the Fed's social media channels, including its YouTube channel.FOMC Meeting: What To ExpectFederal Reserve officials are likely to go for a pause after three straight rate cuts since September 2024, according to a report by Bloomberg. This will allow the Fed more time to tamp down inflation as well as assess how Trump's policies will impact the economy.In December 2024, Powell and his team had announced a 25 basis points rate cut, bringing interest rates down to a range of 4.25% to 4.5%.Several policymakers quoted by Bloomberg have indicated that fewer rate cuts are expected this year, following data showing that the U.S. economy remains strong and inflation has been more persistent than initially anticipated.Rise With Profit: US Fed Rate Cut, India's Net Direct Tax Collection Rises, SEBI Board Meeting | Podcast