Fed Meeting Schedule

At their July meeting, the Fed raised interest rates by a quarter point, continuing an aggressive rate-hiking campaign that started in March 2022 to combat rising inflation. The Federal Reserve System is the central bank of the United States, tasked with managing monetary policy and overseeing the banking system. Its board of governors is appointed by the president to fourteen-year terms and includes members from across the country. The Fed’s monetary policy-making body, the Federal Open Market Committee (FOMC), has broad authority over interest rates and manages the nation’s money supply.

It has hiked rates 11 times this year, and markets expect another rise at the meeting in September. But the FOMC isn’t expected to be as hawkish as earlier this year, given that the economy has been slowing down and core inflation is low. The Fed has to weigh supporting the jobs market against tackling inflation. The decision will likely have broad economic ramifications.

What is FED Meeting?

A Federal Reserve meeting is a two-day session during which policymakers discuss economic and financial conditions. The central bank’s Board of Governors and presidents of the 12 regional Fed banks offer their assessments of recent developments and economic outlook.

The Federal Reserve is in the middle of its most aggressive rate-hiking campaign since the 1970s. It paused the campaign in June, but President Jerome Powell hinted it may resume soon.

Investors are worried that higher rates could slow the economy and erode stock gains. That’s why it’s important to understand how the Fed sets its interest-rate policy. The Fed’s policymakers meet eight times a year to debate short-term monetary policy. Each meeting ends with a press conference by the chair, who discusses the policy decision and the outlook for inflation and employment.

The Federal Reserve will announce its decision on interest rates at eight meetings throughout 2023. These meetings will be important to investors and businesses, as the Fed’s decisions can affect everything from the cost of borrowing to the strength of markets and currencies.

Following a hawkish pause, the Fed is expected to raise rates again this year, especially as inflation continues to rise. But many believe that the central bank is close to the end of its current rate hike cycle.

Investors should watch the Fed’s July policy announcement for clues as to what’s next. The Fed typically releases a summary of economic projections at each meeting, which provides insight into the future path of interest rates (known as the “dot plot”). The Federal Reserve also publishes minutes from each meeting.

What Will Be Affected by FED Meetings in 2023?

The Fed’s decision will have implications for everyone, from pension funds to individual investors. It can impact the price of borrowing money, the value of assets, and your retirement savings.

The Fed may raise interest rates at its next meeting in September, depending on the results of future economic data. However, interest rate futures show that the Fed’s current trajectory will likely keep rates near their current levels for most of 2023. That could change if unexpected economic factors arise.