FOMC · The Fed and crypto markets

FOMC Calendar 2026–2027

Find the next meeting date, rate decision and press conference times, official schedules, and historical BTC and ETH performance in one place.

Next FOMC meeting · 2026December 8–9
Rate decision
19:00 UTC
Chair’s press conference
19:30 UTC

ET means US Eastern Time; December uses EST (UTC−5).

—Days
:
—Hours
:
—Minutes
:
—Seconds

Page updated 2026-11-05

Federal funds target range3.75%–4.00%

Rates unchanged on October 28

November 2026No scheduled meeting

Next meeting: December 8–9

October meeting minutesNovember 18

14:00 ET · 19:00 UTC

2026–2027 FOMC Meeting Calendar

Meeting dates follow local US Eastern dates. In 2026, decisions are released at 14:00 ET; the UTC time changes with daylight saving time.

There is no scheduled FOMC meeting in November 2026. October meeting minutes will be released on November 18 at 14:00 ET / 19:00 UTC.

Official Fed meeting calendar

2026 meetings and rate decisions

1 decision pending · 7 meetings concluded

December 8–9Includes economic projections
Rate announcement · UTC14:00 ET
Scheduled
Official schedule
October 27–28Scheduled meeting
Rate announcement · UTC14:00 ET
Unchanged 0 bp3.75%–4.00%
Rate statement
September 15–16Includes economic projections
Rate announcement · UTC14:00 ET
Rate hike +25 bp3.75%–4.00%
Rate statement
July 28–29Scheduled meeting
Rate announcement · UTC14:00 ET
Unchanged 0 bp3.50%–3.75%
Rate statement
June 16–17Includes economic projections
Rate announcement · UTC14:00 ET
Unchanged 0 bp3.50%–3.75%
Rate statement
April 28–29Scheduled meeting
Rate announcement · UTC14:00 ET
Unchanged 0 bp3.50%–3.75%
Rate statement
March 17–18Includes economic projections
Rate announcement · UTC14:00 ET
Unchanged 0 bp3.50%–3.75%
Rate statement
January 27–28Scheduled meeting
Rate announcement · UTC14:00 ET
Unchanged 0 bp3.50%–3.75%
Rate statement

2027 FOMC Meeting Schedule

Each meeting date is tentative until confirmed at the preceding meeting. Decision and press conference times have not been separately announced.

Meeting dates (ET)Meeting typeSchedule status
–27Scheduled meetingTentative
–17Includes economic projectionsTentative
–28Scheduled meetingTentative
–09Includes economic projectionsTentative
–28Scheduled meetingTentative
–15Includes economic projectionsTentative
–27Scheduled meetingTentative
–08Includes economic projectionsTentative

Official Fed meeting calendar

FOMC decisions and BTC/ETH performance

Latest review: the October 28 rate decision held the range at 3.75%–4.00%. The table compares USD price changes in the 24 hours before and after the decision.

Asset24 hours before the announcement24 hours after the announcementPrice source
BTC+0.47%-0.01%CoinGecko · BTC
ETH+0.02%-0.25%CoinGecko · ETH

The comparison is anchored to October 28 at 18:00 UTC; price changes do not establish causation.

October 2026 · Latest decision

Monthly price trend and decision timing

October price change-7.25%
Change in the 24 hours after the announcement-0.01%
BTC historical price index for October92.198.0103.9Rate decision announced10/0110/1711/01

October 1, 00:00 to November 1, 00:00 UTC · Daily midnight samples, first point = 100

Comparing the 24 hours before and after the announcement

Released October 28 at 14:00 ET / 18:00 UTC

24 hours before the announcement

Price change+0.47%
Price range1.26%

24 hours after the announcement

Price change-0.01%
Price range2.42%
Expand the 48-hour price trend around the decision

Price at announcement = 100 · Hourly samples

BTC price index over the 48 hours around the decision98.399.9101.5Rate decision announced-24hAt announcement+24h

CoinGecko · BTC · CoinGecko · ETH

Recent decisions and pre-meeting expectations

Based on the Fed meeting minutes’ review of market expectations before each meeting.

Decision datePre-meeting expectationsActual decision and target rangeSource
06/17Widely expected to remain unchangedUnchanged3.50%–3.75%Meeting minutes
07/29Unchanged was the base case; roughly one-third probability of a hikeUnchanged3.50%–3.75%Meeting minutes
09/16Markets strongly expected a 25-basis-point hike25-basis-point hike3.75%–4.00%Meeting minutes

How the FOMC affects crypto markets

Interest rates and financing conditions

The target rate affects the cost of dollar funding and may change the appeal of risk assets. Watch both rate changes and the economic backdrop.

Statement and policy outlook

The statement, Chair’s press conference and economic projections signal the policy outlook. Changes in wording may affect expectations for future rates.

Actual decision versus expectations

Markets often price in expectations before the announcement. The gap between the decision and expectations helps explain price reactions; past performance does not predict future returns.

Frequently asked questions

When are the next Fed meeting and rate decision?

The next FOMC meeting takes place on December 8–9, 2026. On December 9, the rate decision is scheduled for 14:00 ET / 19:00 UTC and the Chair’s press conference for 14:30 ET / 19:30 UTC. US Eastern Time is EST (UTC−5) that day.

What is the Fed’s current target rate?

The federal funds target range is 3.75%–4.00%. The October 28, 2026 decision kept this range unchanged.

What is the FOMC, and how often does it meet?

The FOMC is the Federal Open Market Committee, which sets the Fed’s monetary policy. It typically holds eight scheduled meetings each year. In 2026, the March, June, September and December meetings also include the Summary of Economic Projections.

Does a Fed rate cut always make Bitcoin rise?

No. Markets focus more on how the decision differs from expectations and the economic conditions behind the cut. Alongside the rate, review the statement, the Chair’s remarks and the actual BTC and ETH price response.

How do the statement, Chair’s press conference and meeting minutes differ?

The statement announces the rate decision and policy assessment. The press conference explains the reasoning, while the minutes provide more detailed discussion. They are released at different times and may trigger different market reactions.

When will the next FOMC meeting minutes be released?

The October meeting minutes are scheduled for November 18, 2026 at 19:00 UTC. The latest minutes, covering September, were released on October 7.

Is there an FOMC rate meeting in November 2026?

There is no scheduled FOMC meeting in November 2026. October meeting minutes are scheduled for November 18 at 14:00 ET / 19:00 UTC; the next meeting is December 8–9.

Are the 2027 FOMC meeting dates confirmed?

The Fed has listed eight planned meetings for 2027. Each date is tentative until confirmed at the preceding meeting and may change. Check the official monthly schedule for decision and press conference times.

Sources

The October monthly chart includes the closing boundary at 00:00 UTC on November 1. Event windows span 24 hours before and after the decision. The price range is calculated from the highest and lowest sampled prices. The 2027 meeting schedule is tentative.

Crypto asset prices can fluctuate significantly. This information is for research purposes and does not constitute investment advice.