Fed meetings
in 2027.
All eight FOMC dates for 2027, when the dot plot comes out and what the market already prices for the rate. Dates from the Fed's website, futures expectations refreshed every day.
January 26 – 27
8 meetings, 4 dot plots
A star is a meeting with the members' projections (the dot plot). Markets usually move more at those.
Every 2027 meeting
Where futures already trade, we show what the market expects. Expectations, not a forecast.
January 26 – 27
Decision and statement: Wednesday, January 27, 2:00 pm New York (19:00 UTC)
Market now: a hike 26% · rate after ~4.14%
March 16 – 17
Decision and statement: Wednesday, March 17, 2:00 pm New York (18:00 UTC)
Market now: a hike 53% · rate after ~4.27%
April 27 – 28
Decision and statement: Wednesday, April 28, 2:00 pm New York (18:00 UTC)
Market now: a hike 29% · rate after ~4.34%
June 8 – 9
Decision and statement: Wednesday, June 9, 2:00 pm New York (18:00 UTC)
Market now: a hike 34% · rate after ~4.43%
July 27 – 28
Decision and statement: Wednesday, July 28, 2:00 pm New York (18:00 UTC)
Market now: a hike 6% · rate after ~4.44%
September 14 – 15
Decision and statement: Wednesday, September 15, 2:00 pm New York (18:00 UTC)
October 26 – 27
Decision and statement: Wednesday, October 27, 2:00 pm New York (18:00 UTC)
December 7 – 8
Decision and statement: Wednesday, December 8, 2:00 pm New York (19:00 UTC)
FOMC calendar, Federal Reserve · expectations: 30-day fed funds futures (CME, via Yahoo Finance)
Where does the market see the rate?
The market prices a hike with 76% probability. The rate after the meeting about 4.07% (+19 bp vs now)
The market prices a hike with 26% probability. The rate after the meeting about 4.14% (+26 bp vs now)
The market prices a hike with 53% probability. The rate after the meeting about 4.27% (+39 bp vs now)
The market prices a hike with 29% probability. The rate after the meeting about 4.34% (+46 bp vs now)
The market prices a hike with 34% probability. The rate after the meeting about 4.43% (+55 bp vs now)
The market prices a hike with 6% probability. The rate after the meeting about 4.44% (+56 bp vs now)
Computed from 30-day fed funds futures prices (CME, via Yahoo Finance) with a method similar to CME FedWatch. Market expectations, not a forecast or a Fed promise. Current range 3.75–4.00%, EFFR 3.88%. Fed calendar · updated
What will the Fed do on Dec 9?
Pick one, then compare with the market. Your answer stays in your browser only.
Quick answers
How many Fed meetings are there in 2027?
Eight scheduled FOMC meetings, two days each: the first on January 26 – 27, the last on December 7 – 8. The Fed can call an unscheduled meeting at any time, as it did in March 2020.
Which 2027 meetings have the dot plot?
The members' projections (the Summary of Economic Projections with the dot plot) come out four times: March, June, September, December. Markets usually move more at these meetings.
What time does the Fed announce the decision?
At 2:00 pm New York time on the second day: 18:00 UTC in summer and 19:00 UTC in winter. The Chair's press conference starts 30 minutes later.
Why does it matter for crypto and stocks?
The Fed rate is the price of the dollar. When it is cut, money gets cheaper and flows more into risky assets like bitcoin and growth stocks; when it is raised, the opposite. That is why volatility is usually higher on decision day.
Where do the dates come from?
From the official FOMC calendar page on the Federal Reserve website. The Fed can change the dates; if it does, we update this page.
More: Fed rate and balance sheet · all macro · best exchanges 2027
Morning brief by email
The night's key moves and what matters today, in 2 minutes. One-click unsubscribe.