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Updated: June 9, 2026 – The FOMC meeting schedule 2026 consists of eight pre-set two-day meetings. The committee of Federal Reserve policymakers votes at each meeting on whether to raise, lower, or hold the federal funds target rate.
That rate controls what banks charge each other overnight, and those costs flow through to every consumer product. Three meetings are complete for 2026. Five remain, beginning with June 16 to 17.
The committee held the federal funds target rate at its current range of 3.50% to 3.75% at its most recent meeting on April 28 to 29, 2026. That rate has not changed since the March 18 decision.
Every meeting between now and December will either confirm or alter that range based on incoming inflation and employment data. What the committee decides directly determines whether your savings account earns more or less next month.
The FOMC meeting schedule 2026 is the single most important calendar in American finance. Every savings rate, mortgage rate, auto loan rate, and credit card rate is anchored to the decisions made in those two-day meetings.
The Federal Open Market Committee holds eight scheduled meetings each year, and as of today, June 9, 2026, it has completed three of them. The next meeting begins seven days from now.
Here is the complete guide to every remaining date, what each meeting means for your money, and the one distinction between meetings that most financial news outlets never explain.
Every 2026 Meeting Date
The 2026 FOMC meetings were set as follows: January 27 to 28, March 17 to 18, April 28 to 29, June 16 to 17, July 28 to 29, September 15 to 16, October 27 to 28, and December 8 to 9. This calendar was published by the Board of Governors of the Federal Reserve System and remains the authoritative source.
Three meetings are now complete with published statements and released minutes. The first three meetings of 2026 produced decisions to hold rates steady while the committee monitored incoming economic data. The April 28 to 29 meeting included a press conference but no updated economic projections. Minutes from that meeting were released on May 20, 2026.
The upcoming June 16 to 17 meeting is one of four meetings this year that will produce a Summary of Economic Projections, commonly called the SEP or the dot plot. The SEP release includes each committee member’s individual forecast for interest rates, inflation, unemployment, and GDP growth.
These projections are the single most direct signal of where rates are headed across the next 12 to 24 months. The June meeting is therefore one of the highest-signal events of the entire year. Connecting the full picture: the way these rate decisions flow through to consumer bank accounts is explained completely at the US money movement architecture.
What Each Remaining Meeting Controls
June 16 to 17: The fourth meeting of the year. Will include a Summary of Economic Projections and a press conference. Markets will analyze whether the dot plot shifts toward a rate cut in the second half of 2026 or signals a prolonged hold. The current federal funds target rate entering this meeting is 3.50% to 3.75%.
July 28 to 29: The fifth meeting. No SEP published at this meeting. A single policy statement and implementation note follow the decision. This meeting falls immediately after July 4, which means the July holiday banking calendar discussed in the bank holiday deposit guide is immediately in the rearview mirror when the committee convenes.
September 15 to 16: The sixth meeting. Includes another Summary of Economic Projections. The September SEP is widely regarded as the most consequential of the year because it follows the summer data releases on jobs, inflation, and consumer spending. A September rate cut or hike, if one occurs, typically signals the committee’s full-year direction. For savers and borrowers, this is the meeting to watch most closely. The Fed rate impact on savings becomes clearest after the September projection update.
October 27 to 28: The seventh meeting. No SEP. The committee will have two full additional months of economic data since September. This meeting often confirms or reinforces the September decision direction.
December 8 to 9: The final meeting of 2026. Includes the fourth and final Summary of Economic Projections for the year. The December dot plot is the committee’s most recent published forecast heading into 2027. Whatever rate level the committee sets in December becomes the baseline for January 2027 and beyond. Understanding the FOMC rate decision mechanics explains how that baseline flows through to consumer rates.
Why SEP Meetings Move Markets More
Four of the eight annual meetings produce a Summary of Economic Projections. The other four produce only a rate statement and an implementation note. This distinction rarely gets explained clearly in financial news, yet it is the single most important difference between a high-impact and a low-impact Fed meeting.
The SEP is a grid showing the median and range of all committee members’ anonymous projections for the federal funds rate at the end of the current year, the following year, and over the long run. When the median projection shifts even slightly from one SEP to the next, it signals a meaningful change in the committee’s collective view.
A shift of 25 basis points in the median dot can move mortgage rates, savings rates, and Treasury yields within hours of the release. Non-SEP meetings produce smaller market reactions because they provide only a binary hold-or-change decision with no forward projection update.
The four 2026 SEP meetings are March 17 to 18, June 16 to 17, September 15 to 16, and December 8 to 9. These are the four dates that carry the heaviest institutional weight. The June meeting one week away is already being treated by markets as a potential inflection point.
What You Should Do Now
- Set a calendar alert for June 16 and June 17. The FOMC meeting schedule for 2026 reaches its fourth policy decision on June 17. The rate announcement is typically released around 2:00 PM Eastern Time, followed by the Chair’s press conference approximately 30 minutes later.
- Check your savings account rate against the current federal funds target range of 3.50% to 3.75%. If your high-yield savings account pays materially less than that range, you may be sacrificing yield regardless of what the June meeting ultimately decides.
- Mark the September 15–16 meeting on your calendar as the most consequential remaining meeting of the year. The Summary of Economic Projections released then will reveal whether policymakers expect rate cuts before December or prefer to hold rates steady through year-end.
- If you hold a variable-rate mortgage, loan, or line of credit, model two scenarios now: rates remain unchanged through December, and rates decline by one-quarter percentage point in September. Both outcomes remain plausible based on current public information.
- Visit the Federal Reserve Board FOMC page directly after each meeting to read the official policy statement. Avoid relying solely on third-party summaries when evaluating the committee’s actual language and guidance.
