The Federal Reserve's latest interest rate decision is scheduled for announcement today, January 28, 2026, at 2:00 PM ET (1900 GMT) , following their FOMC meeting, with Chair Jerome Powell's press conference 30 minutes later.

Markets anticipate the Fed will likely hold rates steady, pausing cuts after previous reductions, amid economic uncertainties like inflation trends and policy shifts.

Announcement Timeline

  • Today (Jan 28, 2026) : Policy statement at 2 PM ET; Powell presser at 2:30 PM ET. No updated economic projections this meeting.
  • Next meetings : Typically late March/early April 2026 for future cuts (e.g., potential June/December per futures).
  • Recent context : Last cuts were in late 2025; December projections eyed just one more in 2026.

Market Expectations

Expectations have cooled to 0-1 cuts in 2026 , down from earlier forecasts, due to persistent inflation concerns and steady growth. Futures pricing via CME FedWatch shows low odds of a cut today.

"The Fed is set to announce policy decision 2 p.m. (1900 GMT), with Powell scheduled to commence a press conference thirty minutes later..."

Other Central Banks

  • Bank of England (BoE) : Next decision September 18, 2025 (already passed by now), current rate 4%.
  • Bank of Canada : Recent cut announcement example from March 2025, but not relevant today.

Why the Pause?

Post-2025 cuts, the Fed signals caution amid Trump administration policies and muted inflation. Economists note division: some push easing, others flag risks.

TL;DR : Tune in today at 2 PM ET for the Fed's no-cut likely hold; watch Powell for 2026 guidance.

Information gathered from public forums or data available on the internet and portrayed here.