Fed Calendar 2027: All 8 FOMC Meetings and When Rates Are Announced
The Federal Reserve has eight FOMC meetings scheduled for 2027. The rate decision comes out at 2:00 p.m. ET on the second day of each meeting, and four of them bring economic projections: March, June, September and December.
All 8 FOMC meetings in 2027
- January26-27Decision: Wednesday, 2:00 p.m. ET
- March16-17Decision: Wednesday, 2:00 p.m. ET
With projections - April27-28Decision: Wednesday, 2:00 p.m. ET
- June8-9Decision: Wednesday, 2:00 p.m. ET
With projections - July27-28Decision: Wednesday, 2:00 p.m. ET
- September14-15Decision: Wednesday, 2:00 p.m. ET
With projections - October26-27Decision: Wednesday, 2:00 p.m. ET
- December7-8Decision: Wednesday, 2:00 p.m. ET
With projections
| Meeting | Rate decision | Projections |
|---|---|---|
| October 27-28, 2026 | Wednesday 28, 2:00 p.m. ET (18:00 UTC) | No |
| December 8-9, 2026 | Wednesday 9, 2:00 p.m. ET (19:00 UTC) | Yes |
| January 26-27, 2027 | Wednesday 27, 2:00 p.m. ET (19:00 UTC) | No |
| March 16-17, 2027 | Wednesday 17, 2:00 p.m. ET (18:00 UTC) | Yes |
| April 27-28, 2027 | Wednesday 28, 2:00 p.m. ET (18:00 UTC) | No |
| June 8-9, 2027 | Wednesday 9, 2:00 p.m. ET (18:00 UTC) | Yes |
| July 27-28, 2027 | Wednesday 28, 2:00 p.m. ET (18:00 UTC) | No |
| September 14-15, 2027 | Wednesday 15, 2:00 p.m. ET (18:00 UTC) | Yes |
| October 26-27, 2027 | Wednesday 27, 2:00 p.m. ET (18:00 UTC) | No |
| December 7-8, 2027 | Wednesday 8, 2:00 p.m. ET (19:00 UTC) | Yes |
Includes the two meetings left in 2026. UTC times follow the US daylight saving changes.
What is released at each meeting
- The statement with the decision on the federal funds target range, at 2:00 p.m. ET.
- The Fed Chair’s press conference, half an hour later.
- In March, June, September and December, also the Summary of Economic Projections: growth, unemployment, inflation and the dot plot with the rates each member expects.
- Three weeks after each meeting, the minutes, which also move the market.
How it affects your trading
At decision time the dollar, gold and US indices tend to move sharply. Spreads widen and stops can fill with slippage. If you trade those minutes, cut your position size so a wider stop does not go over your risk: the lot size calculator tells you how many lots fit. Some prop firms restrict trading around high-impact news: check your account’s rules.
Example: Nasdaq position size on Fed night
With a $50,000 account and 1% risk ($500), a 20-point stop on the NQ future risks $400 per contract (20 × $20): one fits. If you prefer a 40-point stop on Fed day, the risk per NQ rises to $800 and none fits; with the micro MNQ at $2 per point, six fit, risking $480.
The current federal funds range and every change, with its date, are on the Fed interest rates page, which updates itself after each meeting.
Frequently asked questions
How many FOMC meetings are there in 2027?
Eight, as every year: in January, March, April, June, July, September, October and December. The first is on January 26-27 and the last on December 7-8.
What time does the Fed announce interest rates?
At 2:00 p.m. Eastern Time on the second day of the meeting. The Chair’s press conference starts half an hour later, at 2:30 p.m. ET.
Which 2027 FOMC meetings have economic projections?
March, June, September and December. Those meetings publish the Summary of Economic Projections, including the dot plot where each member shows where they expect rates to be.
Are the 2027 dates final?
They are the dates published by the Federal Reserve, which treats each one as tentative until it is confirmed at the meeting before. They rarely change, but the Fed can call unscheduled meetings.