The September 2025 FOMC meeting will conclude on Wednesday, September 16 at 2:00 ET. Fed Chairman Powell’s press conference will begin at 2:30 ET. As of writing, Fed Funds futures traders are pricing in 96% odds of a 25bps interest rate cut per CME FedWatch (with an outside chance of a 50bps “double” rate cut). Assuming the Federal Reserve cuts interest rates by 25bps as expected, the market’s focus will immediately shift to the central bank’s Monetary Policy Statement, Summary of Economic Projections and Fed Chairman Powell’s Press Conference for potential market-moving changes. Despite relentless political pressure ... (full story)