When is the Fed rate decision?

TLDR

The Feds next rate decision will be announced Wednesday 10 Dec at 7:00 pm (UTC) (2:00 pm ET), confirmed by a market preview that specifies the announcement time at 2:00 pm ET here.

1. The two-day FOMC meeting runs 910 Dec, with the decision on day two confirmed.
2. Chair Jerome Powells press conference follows at 7:30 pm (UTC) (2:30 pm ET) as noted.

Deep Dive

1. Meeting Window

The December FOMC meeting spans Tuesday and Wednesday (910 Dec), with the policy decision posted at 2:00 pm ET, which is 7:00 pm (UTC) on Wednesday.

1. Decision time is set for 2:00 pm ET Wednesday in standard previews of the meeting here.
2. Multiple outlets outline the two-day schedule and that the decision lands on the second day, 10 Dec here.
3. The Fed releases its policy statement and the dot plot (Summary of Economic Projections) alongside the decision, which markets watch for forward guidance as covered.

2. Press Conference

Powells press conference begins roughly 30 minutes after the decision, at 2:30 pm ET, which is 7:30 pm (UTC).

1. The presser timing is consistently listed at 2:30 pm ET in meeting previews here.
2. The Q&A can reshape market interpretation of the statement and projections, so the press conference often drives the second wave of price action see preview.

Conclusion

The Fed will announce its decision Wednesday 10 Dec at 7:00 pm (UTC), followed by Powells press conference at 7:30 pm (UTC). Expect the statement, projections, and Q&A to collectively shape market moves, so the full window from 7:00 to 8:00 pm (UTC) is the key focus.