Thursday, October 15, 2026

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Rates & Policy · Explainer

FOMC Meeting Schedule 2026 and 2027: Next Fed Meeting Dates

The next Fed meeting is Oct. 27–28, 2026, with the rate decision at 2 p.m. ET on Oct. 28. Every 2026 and 2027 FOMC date, with outcomes so far.

By Capital Finance Bureau Staff · · 4 min read

A wall calendar with red push pins marking several dates
Photo: Towfiqu barbhuiya / Unsplash

Why it matters

  • The next FOMC meeting is Tuesday and Wednesday, Oct. 27–28, 2026. The Fed releases its statement at 2:00 p.m. ET on Oct. 28, and the chair's press conference follows at 2:30 p.m., according to the Fed's calendar.
  • The federal funds target range is 3.75% to 4% after a quarter-point hike on Sept. 16, the Fed's only change so far in 2026. The committee held the range at 3.50% to 3.75% at its first five meetings of the year.
  • The FOMC holds eight scheduled meetings a year. Four of them, marked with an asterisk below, come with a Summary of Economic Projections. The Fed says its 2027 dates are tentative until confirmed at the meeting before each one.

Explainer: background on how this part of the market works.

The next FOMC meeting is Oct. 27–28, 2026. The Federal Reserve will release its policy statement at 2:00 p.m. Eastern time on Wednesday, Oct. 28, and the chair's press conference is set for 2:30 p.m., according to the Fed's October calendar. The last meeting of 2026 is Dec. 8–9.

This page lists every Federal Open Market Committee meeting for 2026 and 2027, as published on the Fed's meeting calendar, and the rate decision from each 2026 meeting so far, taken from the Fed's statements. This page is updated after each FOMC meeting.

2026 FOMC meeting dates and decisions

The federal funds target range stood at 3.50% to 3.75% at the start of 2026, according to the Fed's January statement. An asterisk (*) marks a meeting with a Summary of Economic Projections.

MeetingDecision on target rangeVoteMinutes released
Jan. 27–28Held at 3.50%–3.75%10–2Feb. 18
March 17–18*Held at 3.50%–3.75%11–1April 8
April 28–29Held at 3.50%–3.75%8–4May 20
June 16–17*Held at 3.50%–3.75%12–0July 8
July 28–29Held at 3.50%–3.75%9–3Aug. 19
Sept. 15–16*Raised 0.25 point to 3.75%–4.00%12–0Oct. 7
Oct. 27–28Next meeting; decision Oct. 28—Nov. 18 (scheduled)
Dec. 8–9*Decision Dec. 9—Dec. 30 (scheduled)

Sources: Federal Reserve FOMC statements and meeting calendar; scheduled minutes dates from the Fed's November and December 2026 calendars.

The dissents changed direction during the year, according to the statements. In January, Stephen Miran and Christopher Waller preferred a quarter-point cut. In March, Miran alone dissented in favor of a cut. In April, Miran again preferred a cut, while Beth Hammack, Neel Kashkari and Lorie Logan supported holding rates but objected to an easing bias in the statement. In July, Hammack, Kashkari and Logan preferred a quarter-point hike.

2027 FOMC meeting dates

MeetingProjections
Jan. 26–27No
March 16–17*Yes
April 27–28No
June 8–9*Yes
July 27–28No
Sept. 14–15*Yes
Oct. 26–27No
Dec. 7–8*Yes

The Fed says "each meeting date is tentative until confirmed at the meeting immediately preceding it." It has also scheduled a two-day meeting for Jan. 25–26, 2028.

What did the Fed do in September 2026?

The FOMC raised the federal funds target range by a quarter point to 3.75% to 4% on Sept. 16, in a 12–0 vote, according to its statement. "Inflation remains elevated," the committee said, adding that the move "will support a timelier return to the Committee's 2 percent goal."

The Fed's implementation note raised the interest rate paid on reserve balances to 3.90% and the primary credit rate to 4.0%, both effective Sept. 17. In the September projections, the median official saw the federal funds rate at 4.1% at the end of 2026, up from 3.8% in June.

Minutes released Oct. 7 said "most participants assessed that another increase in the target range for the federal funds rate would likely be appropriate by year end." Our coverage has more detail: how the September hike is repricing credit, what the Fed minutes said about another hike and Governor Waller's case for more rate hikes.

What happens on a Fed meeting day?

Each regular meeting runs two days. On the second day, the Fed posts the statement and an implementation note at 2:00 p.m. ET, and the chair holds a press conference at 2:30 p.m., according to the Fed's calendar. At the four meetings marked with an asterisk, it also releases the Summary of Economic Projections, which includes officials' rate projections, often called the dot plot. Minutes follow three weeks after the decision.

For how these releases move loan pricing, see our lender's guide to the Fed calendar and the Rates and Policy section.

Frequently asked questions

When is the next Fed meeting in 2026?

The next FOMC meeting is Oct. 27–28, 2026, with the decision announced at 2:00 p.m. ET on Oct. 28. The final 2026 meeting is Dec. 8–9, with the decision on Dec. 9.

How often does the FOMC meet?

The FOMC holds eight regularly scheduled meetings a year and other meetings as needed, the Fed says. Both 2026 and 2027 have eight scheduled meetings.

What time is the Fed announcement?

The policy statement comes out at 2:00 p.m. Eastern time on the last day of the meeting, and the press conference begins at 2:30 p.m., according to the Fed's calendar.

When are FOMC minutes released?

The Fed says minutes of regularly scheduled meetings are released three weeks after the policy decision. Minutes of the October meeting are scheduled for Nov. 18, 2026, at 2:00 p.m. ET.

Which meetings have a dot plot?

The Summary of Economic Projections comes with the March, June, September and December meetings in both 2026 and 2027, according to the Fed's calendar.

What is the federal funds rate now?

The target range is 3.75% to 4%, set at the Sept. 16, 2026, meeting and effective Sept. 17, according to the Fed's implementation note.

Are the 2027 FOMC dates final?

No. The Fed says each date is tentative until it is confirmed at the meeting immediately before it.

Sources

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