The US Federal Reserve (US Fed) has begun its crucial October 2025 FOMC meeting to decide whether to raise, hold, or cut interest rates for the world’s largest economy. The outcome will significantly impact global stock markets, inflation trends, and the dollar index.
📅 US Fed Meeting Date and Time
The Federal Open Market Committee (FOMC) meeting started on Tuesday, October 28, 2025, and will end on Wednesday, October 29, 2025.
The Fed rate decision will be announced at 2:00 p.m. EDT (11:30 p.m. IST).
🗣️ Jerome Powell Speech Time
After the policy outcome, Fed Chair Jerome Powell will hold a press conference at 2:30 p.m. EDT (12:00 a.m. IST) to explain the Federal Reserve’s economic outlook and rate policy.
📺 Where to Watch US Fed Live
You can watch Jerome Powell’s live speech on the Federal Reserve’s official website — federalreserve.gov — or on the Fed’s YouTube channel — youtube.com/federalreserve.
📉 Last Fed Decision: September 2025
In its September 2025 policy, the US Fed cut the benchmark interest rate by 25 basis points, lowering it to 4.00%–4.25%. The committee noted it would monitor inflation and employment data before making further adjustments.
📊 Inflation and Economic Background
The October Fed meeting comes amid a US government shutdown and a slight rise in inflation, with the Consumer Price Index (CPI) climbing to 3% in September 2025, compared to 2.9% in August.
Markets worldwide are watching closely for signs of a rate pause or another cut, which could boost global liquidity and stock market sentiment.
🕓 What to Expect Tonight
Investors expect the FOMC to maintain a data-driven stance, focusing on balancing inflation control with growth. A dovish tone from Jerome Powell could trigger a global market rally.

