The Fed’s next interest-rate decision is typically announced at the end of its scheduled policy meeting, and the most recent one was released on Wednesday, June 18, 2026 , when rates were held steady. That means the next decision will come at the Fed’s next scheduled meeting rather than on a random day.

What that means

  • The Fed usually announces rate decisions after a two-day meeting.
  • The June 2026 decision kept the federal funds rate unchanged.
  • News coverage at the time said policymakers were leaning more cautious because inflation was still running hot.

Timing

The exact date of the next move depends on the Fed calendar, but the pattern is clear: the decision comes on the final day of the meeting, usually around 2 p.m. Eastern. Recent coverage shows the June meeting’s decision was released on Wednesday, June 18, 2026.

Why it matters

A Fed decision to raise or lower rates affects borrowing costs for:

  • Mortgages.
  • Auto loans.
  • Credit cards.
  • Business loans.

If you want, I can also give you the next Fed meeting date and what traders currently expect.