FOMC Meeting Today: When And Where To Watch Jerome Powell's Rate Decision Press Conference Online

As the year draws to a close, all eyes are on the Federal Reserve’s final policy meeting of 2024. The Federal Open Market Committee (FOMC) is expected to deliver its verdict on interest rates at a time when the global economy faces multiple uncertainties.

This meeting also precedes a significant political transition in the United States. In January 2025, Donald Trump will take the oath as the 47th President, with his inauguration scheduled for January 20. Financial markets are closely watching for clues on how the Fed will navigate the changing economic and political landscape under the new administration.

The focus is not just on the expected rate cut of 25 basis points but also on the Fed’s updated economic projections for 2025. Inflation, employment trends, and growth forecasts will be critical as the US economy adjusts to ongoing geopolitical risks and recent election outcomes.

When Is the December 2024 FOMC Meeting?
The Federal Reserve’s two-day meeting begins today, December 17, and will conclude tomorrow, December 18.

US FOMC meeting: Time
Jerome Powell will host the press conference at 2:00 PM ET on Wednesday (11:30 PM, as per Indian time).

US FOMC meeting: Where to watch
You can watch the December FOMC meeting’s outcomes and Powell’s press conference live through several platforms:
Federal Reserve’s YouTube Channel: youtube.com/federalreserve
Federal Reserve’s X (formerly Twitter) Handle: x.com/federalreserve
Federal Reserve Website: federalreserve.gov
Additionally, real-time updates will be available on Republic Business 

What to Expect from Jerome Powell’s Press Conference?
While a modest rate cut seems likely, markets will focus on Powell’s remarks about the Fed’s future course of action. Key topics of interest include:
Economic Projections for 2025: Insights into inflation, GDP growth, and unemployment forecasts.
Geopolitical Risks: The Fed’s perspective on global conflicts and their economic implications.
Post-Election Impact: The potential alignment between Fed policy and President-elect Trump’s economic agenda.