The US Federal Reserve, led by Jerome Powell, is set to reveal the results of its two-day Federal Open Market Committee (FOMC) meeting today. Powell is expected to speak to the press after the meeting to announce the policy decision.
The FOMC meeting, scheduled for March 17-18, 2026, holds significant importance due to the ongoing US-Iran conflict, which has caused turmoil in global markets.
The policy announcement is planned for 2:00 p.m. Eastern Time (ET) on March 18, followed by Powell's press conference, which will be streamed live via the Federal Reserve's official channels.
Market analysts predict that the US Federal Reserve will maintain the interest rate at its current level during the forthcoming FOMC meeting, considering market conditions sensitive to oil price fluctuations and recent job market data.
