The first FOMC decision under Fed Chair Kevin Warsh is scheduled for 11:30 PM IST, with markets pricing rates unchanged at 3.50%–3.75%.
The Federal Reserve's next interest-rate decision is due in 15 minutes, with the first FOMC (Federal Open Market Committee, the Fed's rate-setting panel) decision under Fed Chair Kevin Warsh scheduled for 11:30 PM IST. Markets are pricing in a 99.6% chance that the policy rate will remain unchanged at 3.50%–3.75%, signaling expectations for a steady outcome as traders await the announcement.