FOMC Meeting today: Will Fed chair Jerome Powell cut rates - Check timing, expectations

Fed rate cut anuncement:  Federal Open Market Committee (FOMC) is set to anunce its latest policy decision today on vember 07, with markets broly expecting a 25-basis-point rate cut. 

anticipated decision follows recent US presidential election, with President Trump’s re-election sparking speculation about pace of future rate reductions.

Market expectations and projections

FedWatch tool indicates futures markets are factoring in only an ditional 42 basis points of cuts between December and March, over next three scheduled meetings. probability of a December rate cut has moderated, w standing at 70 per cent, down from 77 per cent just a day prior.

Investors are also looking at policy trajectory, with interest in how Fed might man rate cuts amid recent political shifts. Gold investors, in particular, are paying close attention as prospect of multiple cuts has bolstered a strong rally in bullion prices throughout year.

Fed rate cut anuncement timing and schedule

Fed’s rate decision will be anunced at 2 pm ET (12:30 am IST) on 7 vember, followed by a press conference with Fed Chair Jerome Powell at 2:30 pm ET (1:00 am IST). subsequent FOMC rate decision is slated for 18 December.

Rate Cuts into 2026?

Commenting on FOMC’s potential policy shift, Ole Hansen, he of commodity strategy at Saxo Bank, ted that a cut is likely today, though markets will scrutinise Powell’s langu for any hints of a pause. 

According to a report by Reuters quoting Oxford Ecomics analysts, inflationary effects from tariffs and expansionary fiscal measures are expected to take time, potentially allowing Fed to cut rates through 2026 to recalibrate policy.

“I start to worry when yields cross 4.5 per cent mark,” told Matt Orton, chief market strategist at Raymond James Investment Manment to Reuters, reflecting broer concerns over rising yields amid ongoing rate justments. 

Fed’s next move will likely be scrutinised for any indicators of a slower approach to future cuts, particularly given recent political context and shifting ecomic outlook.