U.S. Federal Reserve to Announce Interest Rate Decision on Wednesday
The U.S. Federal Reserve (United States central bank) is scheduled to release its latest interest rate decision at 11:30 PM IST, according to the source.
Fact Check
The official Federal Reserve calendar (federalreserve.gov) confirms the FOMC meeting is scheduled for March 17-18, 2026. The interest rate decision is standardly released at 2:00 PM ET on the final day of the meeting. On March 18, 2026, the U.S. is in Daylight Saving Time (EDT), which is UTC-4. 2:00 PM EDT converts to 6:00 PM UTC, and subsequently to 11:30 PM IST (UTC+5:30), matching the claim exactly.
Interest rate decision: A central bank announcement that sets benchmark borrowing costs, influencing liquidity, risk appetite, and crypto market sentiment.