According to the decision announced by the Federal Reserve (FED) in its March meeting, no changes were made to the policy interest rate, keeping it stable at 4.25-4.50 percent. Following the decision of April meeting being canceled on the Monetary Policy Committee calendar, those closely following the economic agenda are now focused on the new meeting date. So, when will the FED interest rate decision be announced? In the global markets, after the recent tariff move against China by the US administration, attention has turned to the interest rate decision. The Federal Reserve maintained the policy interest rate at 4.25-4.50 percent without any change. This highly discussed decision was taken with a vote of 11 to 1. Those closely watching the economic agenda are now concentrated on the new interest rate decision. Here are some details about the FED interest rate decision…The Federal Reserve interest decision will be announced on May 7 at 22:00 after the meeting to be held on May 6-7. Along with revealing its estimates for the economy, the Fed kept its forecast for the federal funds rate for the end of this year at 3.9 percent, which was predicted in December last year. The Fed left its forecasts for the federal funds rate in 2026 and 2027, as well as the long-term average interest rate expectations, at 3.4 percent, 3.1 percent, and 3 percent respectively. The estimates indicated that the Fed continues to predict 2 interest rate cuts in 2025.The Bank’s inflation forecasts increased from 2.5 percent to 2.7 percent for this year and from 2.1 percent to 2.2 percent for 2026, while remaining at 2 percent for 2027. The estimates for core inflation, which excludes volatile energy and food prices, were revised from 2.5 percent to 2.8 percent for this year, while remaining at 2.2 percent for 2026 and 2 percent for 2027. The growth forecast for the US economy was reduced from 2.1 percent to 1.7 percent for this year, from 2 percent to 1.8 percent for next year, and from 1.9 percent to 1.8 percent for 2027. Estimates regarding the unemployment rate remained at 4.3 percent for this year, next year, and 2027.