Back

Federal Reserve to Announce Interest Rate Decision and Policy Outlook Wednesday

The U.S. central bank will release its interest rate decision and FOMC statement at 2:00 p.m. ET, followed by Chair Jerome Powell's remarks at 2:30 p.m. ET.

Summary

No Summary provided as the original text is short

Terms & Concepts
  • FOMC (Federal Open Market Committee): The branch of the Federal Reserve that determines U.S. monetary policy, including setting the federal funds rate.
  • Interest Rate Decision: An official announcement by a central bank regarding its benchmark lending rate, which influences borrowing costs and economic activity.
  • Monetary Policy Statement: A summary released by a central bank outlining its economic outlook and policy decisions, often impacting financial markets.