The next US Federal Reserve interest rate decision is scheduled for Wednesday, January 28, 2026, at the conclusion of the FOMC meeting that runs January 27–28, 2026.

Quick timing details

  • FOMC meeting dates: January 27–28, 2026.
  • Decision day: January 28, 2026.
  • Typical announcement time: around 2:00 PM Eastern Time (about 19:00 UTC), based on usual Fed practice in recent years.

Context and why it matters

  • This January 2026 decision is the first Fed rate call of the year, and comes after the Fed began cutting rates in late 2025, bringing the target federal funds rate into the 3.50%–3.75% range.
  • Markets are expecting the Fed to hold rates steady at this meeting, watching closely for guidance on when the next cuts might come later in 2026.

In trading and forum discussions, you’ll often see people simply ask “When is the Fed?”—for early 2026, they’re referring to the January 27–28 FOMC, with the actual rate decision on January 28.

TL;DR: The answer to “when is US Fed rate decision” (the next one in the current cycle) is: January 28, 2026, after the FOMC meeting that runs January 27–28, with the statement typically released mid‑afternoon US Eastern time.

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