BRAKING NEWS 💥🚨🔥

Jerome Powell is scheduled to speak in a press conference on Wednesday, December 10, 2025, at 2:30 p.m. Eastern Time, after the conclusion of the Federal Open Market Committee (FOMC) meeting and the release of its policy statement at 2:00 p.m. ET. 

FOMC Meeting Details

The final FOMC meeting of 2025 is a two-day meeting that begins on Tuesday, December 9, and concludes on Wednesday, December 10. This meeting is one of the "dot-plot" meetings that includes the release of a Summary of Economic Projections (SEP) in addition to the standard policy statement. 

Market Expectations

Rate Cut Likely: Financial markets widely anticipate a third consecutive interest rate cut this year. Traders assign a high probability (around 87% as of December 5) to the FOMC trimming the federal funds rate by 0.25% to a target range of 3.50% to 3.75%.

Data Dependence: The decision is data-dependent, and the Fed is monitoring factors such as elevated inflation and a slowdown in job growth. There might be some dissents among committee members regarding the decision.

Future Outlook: Markets will be closely watching Powell's press conference for clues on the future trajectory of interest rates and the economic outlook for 2026. 

Selected Interest Rates (as of December 4, 2025)

The current effective Federal funds rate is 3.89%.