During its first meeting of the year, the US Federal Reserve (Fed) decided to keep the policy interest rate unchanged within the expected range of 4.25-4.50 percent. Those closely following the economic agenda are now focused on the date of the second interest rate decision meeting of the year. So, when will the FED interest rate decision be announced? In March 2020, the Fed reduced the policy interest rate to a range of 0-0.25 percent due to concerns about the economic impact of the new coronavirus (Covid-19) outbreak and implemented monetary expansion. With the latest decision, the Bank took a break from the consecutive interest rate cuts it had made in 3 meetings last year. WHEN IS THE FED MEETING? The US Federal Reserve (Fed) has released the Federal Open Market Committee (FOMC) meeting schedule for 2025. The next Fed meeting will take place on March 18-19, and the interest rate decision will be announced on March 19 at 10:00 PM GMT. LATEST FED DECISION The US Federal Reserve (Fed) kept the policy interest rate unchanged within the expected range of 4.25-4.50 percent. The statement from the Fed indicated that the decision to maintain the interest rate was unanimous. The announcement stated that the federal funds rate target range of 4.25-4.50 percent was kept unchanged to support the Bank’s objectives. The statement noted that recent indicators show that economic activity continues to expand at a solid pace, the unemployment rate has stabilized at a low level in recent months, and labor market conditions remain strong. The announcement also highlighted that inflation continues to remain somewhat high. It was noted that the phrase indicating progress towards the 2 percent inflation target was removed from the Fed’s monetary policy decision text compared to previous statements.