US Federal Reserve Meeting Today: Time, Live Announcement and How to Watch Powell’s Speech

The US Federal Reserve’s final policy meeting of 2025 is underway, and the world is watching. The two-day Federal Open Market Committee (FOMC) meeting runs from December 9–10, 2025, with the all-important policy statement scheduled for 2:00 p.m. ET on December 10, followed by Fed Chair Jerome Powell’s press conference at 2:30 p.m. ET.

This is the meeting where the Fed will decide whether to deliver another interest rate cut or pause after a turbulent year for inflation, jobs and markets. The timing matters not just for Wall Street, but for borrowers, savers and businesses from New York to New Delhi.

When is the Fed decision today?

According to the official Federal Reserve calendar , the December FOMC meeting is a two-day session on December 9–10, 2025, concluding today with:

• Policy statement and rate decision: 2:00 p.m. Eastern Time (ET), December 10, 2025
• Jerome Powell’s press conference: 2:30 p.m. Eastern Time (ET), December 10, 2025

Traders will react first to the written statement and the updated economic projections, then to Powell’s answers in the press conference, which often drive the biggest moves in bonds, stocks and currencies.

Fed meeting time in your time zone

Here’s what today’s Fed decision and Powell’s press conference look like across key global markets:

How to watch the Fed meeting live

The Fed streams its press conferences live on its official platforms. Viewers can watch Powell’s remarks from anywhere via:

• The Fed’s official live stream page: federalreserve.gov/live-broadcast
• The Federal Reserve’s YouTube channel: youtube.com/federalreserve
• Live coverage and analysis on major financial outlets such as Reuters Markets and CME FedWatch .

Many global business channels and financial news websites will also carry simultaneous coverage, including live blogs showing second-by-second market reaction as the statement drops.

What markets expect from today’s decision

Going into today’s meeting, interest rate futures point to a high probability of another 25 basis-point rate cut after the Fed eased policy in September and October. Traders are betting that the central bank will try to support growth while acknowledging that inflation is still above the long-run 2% target.

Analysts also expect a fresh set of economic projections and an updated “dot plot” showing where officials think interest rates will be in 2026 and beyond. These projections can be just as important as today’s headline decision, because they signal how long borrowing costs might stay elevated for households and businesses.

Why this Fed meeting matters to you

The Fed may sit in Washington, but its decisions ripple through every major economy. A move today could affect:

• Mortgage and home loan rates in the US, UK, Canada and beyond
• Credit card and personal loan costs for consumers
• Corporate borrowing for companies that rely on dollar funding
• Stock markets and tech valuations, especially rate-sensitive sectors
• Emerging-market currencies, including in Asia, that react to shifts in the US dollar

Investors are also watching whether Powell hints at a pause after a series of cuts, or leaves the door open to doing more in 2026 if growth slows again. That guidance will be crucial for central banks such as the Bank of Canada and the Bank of England, which often adjust their own decisions with one eye on the Fed.

How this compares with other central bank moves

Around the world, central banks are grappling with the same dilemma: inflation has cooled from its peaks, but not quite enough to declare victory. In Canada, for example, the Bank of Canada recently held its key rate at 2.25% while signalling cautious optimism about the growth outlook, a move that also rattled local markets and lenders.

For a deeper look at how monetary policy shifts are shaping North American business and tech investment, you can also read our coverage of Microsoft’s $7.5 billion AI investment in Canada , where rate expectations are a key part of the backdrop for long-term projects.

What to watch in Powell’s press conference

Once the 2:00 p.m. ET decision is out, attention flips to Powell at 2:30 p.m. ET. Here are the phrases and themes markets will parse line by line:

• Language on inflation – does he sound more relaxed, or still “vigilant”?
• Comments on the labour market – any hint of rising unemployment or slowing wage growth
• Guidance on future cuts – references to the “pace” and “extent” of further easing
• Risks from tariffs, politics and global growth – especially with trade tensions and elections in focus

A single line suggesting the Fed is closer to the end of its cutting cycle could send bond yields higher and cool the recent rally in equities. On the other hand, a softer tone might fuel another risk-on surge into year-end.

Bottom line

The answer to “When is the US Federal Reserve meeting today?” is straightforward: the December 9–10, 2025 FOMC meeting wraps up today, with the policy decision at 2:00 p.m. ET and Powell speaking at 2:30 p.m. ET. But the implications are anything but simple.

Whether you’re a trader watching the dot plot, a homeowner tracking mortgage rates, or a business owner planning 2026 budgets, today’s Fed meeting will help set the tone for the global economy in the year ahead.