The Fed has scheduled the first 2027 meeting of the Federal Open Market Committee (FOMC), its rate-setting body, for Tuesday 26 January and Wednesday 27 January. The Federal Reserve plans to release the policy statement at 2:00 p.m. Eastern Time on 27 January. The Chair plans to hold a news conference at 2:30 p.m. the same day.
The FOMC has eight scheduled meetings in 2027, the last on 7 and 8 December. The calendar marks four of them for new economic projections. We wrote this page on 4 November 2026 from the Fed's calendar, which the Fed last updated on 28 October 2026. On 28 October 2026, Chair Kevin Warsh said one 2027 meeting will focus only on strategy. He anticipates neither a vote on the Fed Funds Rate nor a policy statement. The calendar does not say which meeting.
What are the FOMC meeting dates for 2027? The FOMC has eight scheduled meetings in 2027: 26-27 January, 16-17 March, 27-28 April, 8-9 June, 27-28 July, 14-15 September, 26-27 October, and 7-8 December.
The Fed holds every 2027 meeting on a Tuesday and a Wednesday. The Fed's practice is a 2:00 p.m. Eastern Time statement on the Wednesday, but the Chair said one 2027 meeting will have none.
The Fed's calendar marks March, June, September, and December for a Summary of Economic Projections, which includes the dot plot (the chart of each participant's rate projection).
No 2027 meeting falls in February, May, August, or November.
What are the FOMC meeting dates for 2027?
The Fed published the 2027 schedule on 5 September 2025. The table lists the eight meetings and their decision days. It shows which carry a Summary of Economic Projections. It also shows the minutes date if the Fed follows its three-week rule.
Meeting | Decision day | Summary of Economic Projections | Minutes, three weeks later |
|---|---|---|---|
26-27 January | Wed 27 Jan | No | Wed 17 Feb |
16-17 March | Wed 17 Mar | Yes | Wed 7 Apr |
27-28 April | Wed 28 Apr | No | Wed 19 May |
8-9 June | Wed 9 Jun | Yes | Wed 30 Jun |
27-28 July | Wed 28 Jul | No | Wed 18 Aug |
14-15 September | Wed 15 Sep | Yes | Wed 6 Oct |
26-27 October | Wed 27 Oct | No | Wed 17 Nov |
7-8 December | Wed 8 Dec | Yes | Wed 29 Dec |
2027 FOMC schedule as listed by the Federal Reserve on 4 November 2026. The Fed treats each date as tentative until the previous meeting confirms it. The Chair said on 28 October 2026 that one 2027 meeting will carry no rate vote or statement. The Fed has not said which. Otherwise the Fed releases its statement at 2:00 p.m. Eastern Time on the decision day. Minutes dates apply the Fed's three-week rule and are not yet listed by the Fed. Source: Federal Reserve
The Fed's calendar says each meeting date stays tentative until the Committee confirms it at the meeting immediately before. The Fed also lists a two-day meeting on 25-26 January 2028.
The FOMC holds eight regularly scheduled meetings a year and "other meetings as needed". The table covers the eight scheduled ones. The Fed's calendar page says Committee membership changes at the first regularly scheduled meeting of the year, which is 26-27 January in 2027. Our guide to what the FOMC is and who votes covers the rotation.
How do the 2027 dates compare with 2026?
Both years have eight meetings, four of them with projections. Every meeting runs Tuesday to Wednesday. Seven of the eight 2027 meetings fall one day earlier in the month than their 2026 counterparts. January moves from 27-28 to 26-27. December moves from 8-9 to 7-8.
June is the exception. The June 2027 meeting runs 8-9 June, eight days earlier in the month than the 16-17 June meeting in 2026.
Source: Federal Reserve; YX Insights
As of 4 November 2026, the 2026 calendar has one meeting left, on 8 and 9 December. The first 2027 decision follows 49 days later, on 27 January.
Chart 2 shows the days between decisions. The gaps are six weeks (42 days) four times and seven weeks (49 days) three times in both years. Two gaps swap. April to June is 42 days in 2027 against 49 in 2026, while June to July is 49 days against 42.
Source: Federal Reserve; YX Insights
Our FOMC meeting schedule page shows the 2026 and 2027 dates side by side, with the 2026 decisions.
Which 2027 meetings have a Summary of Economic Projections?
The Summary of Economic Projections (SEP) is a table in which each meeting participant gives a projection for growth, unemployment, inflation, and the Fed Funds Rate. The Fed publishes the medians, the ranges, and a chart of every participant's Fed Funds Rate projection, which is the dot plot.
The Fed's calendar marks four 2027 meetings with an asterisk for it: 16-17 March, 8-9 June, 14-15 September, and 7-8 December. The Chair has not said whether the strategy meeting keeps its projections.
The Fed releases the projections at 2:00 p.m. Eastern Time with the statement. The other four meetings, in January, April, July, and October, carry no new projections.
The September 2026 SEP shows what a projection set contains. Chart 3 plots its median Fed Funds Rate projections. The median projection for the Fed Funds Rate was 4.1% at the end of 2026 and 4.1% at the end of 2027, rounded to one decimal. The Fed defines each projection as the midpoint of the appropriate target range at year-end.
Source: Federal Reserve
The Committee's range after the 28 October 2026 meeting is 3.75% to 4%, which has a midpoint of 3.875%.
The same September table shows median projections for 2027 of 2.4% real Gross Domestic Product (GDP) growth, 4.1% unemployment, and 2.3% Personal Consumption Expenditures (PCE) inflation. Each figure is a median of participants' individual projections, so none of them is a Committee decision.
As of 4 November 2026, the next SEP meeting is 8-9 December 2026. Our dot plot guide explains how to read the chart.
What time is the FOMC announcement?
The Committee releases a policy statement at 2:00 p.m. Eastern Time on the second day of each regularly scheduled meeting. The Chair's news conference follows at 2:30 p.m. the same day. The Fed stated this timing in the release that announced the 2027 schedule.
The Chair said one 2027 meeting, not yet named, will have no policy statement.
The 28 October 2026 statement carried the same 2:00 p.m. release time. It passed by a 10 to 2 vote, with Lisa D. Cook and Beth M. Hammack preferring a 0.25 percentage point rise.
Our guide on how to read an FOMC statement walks through the wording.
The Fed's October 2026 calendar lists the minutes of the September meeting at 2:00 p.m. Eastern Time on 7 October. The minutes of regularly scheduled meetings come out three weeks after the policy decision.
All six sets of 2026 minutes released so far came exactly 21 days after the decision. Our guide to the FOMC minutes shows what they contain.
Does the FOMC meet in November?
No. The Fed's calendar has no meeting in November 2026 or November 2027. The 2026 meetings end on 28 October and 9 December, while the 2027 meetings end on 27 October and 8 December.
The Fed's calendar for 2021 to 2027 lists a meeting that reached November in four years: 2021, 2022, 2023, and 2024. The 2023 one ran 31 October to 1 November. The latest ran 6-7 November 2024. In 2027, no meeting touches February, May, August, or November.
Our Fed blackout period page dates the quiet period before each 2026 meeting. Our study of stocks around Fed meetings covers what SPY (the S&P 500 ETF) did on past decision days.
Where do the statements and minutes appear?
The Fed's calendar page lists every meeting from 2021 to 2027. For each meeting held so far it links the statement, the implementation note, the press conference, any projection materials, and the minutes. The 8-9 December 2026 entry and the 2027 entries show dates only on 4 November 2026.
The table above gives the 2027 minutes dates under the three-week rule. The Fed lists the actual dates after each meeting.
Our guide to how the Fed sets rates explains what the decision does. The Fed's calendar lists eight Tuesday-to-Wednesday meetings, with one projection set in each quarter.
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Common questions about FOMC meeting dates in 2027
How many FOMC meetings are there in 2027?
The FOMC has eight scheduled meetings in 2027. They run 26-27 January, 16-17 March, 27-28 April, 8-9 June, 27-28 July, 14-15 September, 26-27 October, and 7-8 December. The calendar marks four of them, in March, June, September, and December, for a Summary of Economic Projections. The Chair said one meeting will have no statement. The Fed has not said which.
When is the first FOMC meeting of 2027?
The first FOMC meeting of 2027 is scheduled for Tuesday 26 January and Wednesday 27 January. The Fed plans to release the statement at 2:00 p.m. Eastern Time on 27 January. The Chair's news conference is planned for 2:30 p.m. That decision comes 49 days after the 9 December 2026 decision. Our FOMC meeting schedule page lists both years.
What time is the FOMC announcement?
The Fed announces its decision at 2:00 p.m. Eastern Time on the second day of each regularly scheduled meeting. The Chair's news conference follows at 2:30 p.m. the same day. The Chair said one 2027 meeting, not yet named, will have no policy statement. Our guide to reading an FOMC statement covers the wording.
Does the FOMC meet in November 2027?
No. The Fed's calendar lists no FOMC meeting in November 2026 or November 2027. The 2026 meetings end on 28 October and 9 December, while the 2027 meetings end on 27 October and 8 December. The most recent November meeting ran 6-7 November 2024.
Which 2027 FOMC meetings have a dot plot?
The Fed's calendar marks four 2027 meetings as associated with a Summary of Economic Projections, which includes the dot plot: 16-17 March, 8-9 June, 14-15 September, and 7-8 December. The Chair has not said whether the strategy meeting keeps its projections. Our dot plot guide explains how to read it.
DISCLAIMER: This article is intended for educational purposes only. Any information or analysis in this note does not constitute an offer to sell or a solicitation of an offer to buy any securities. Nothing in this note is intended to be investment advice, nor should it be relied upon to make investment decisions. Any opinions, analyses, or probabilities expressed in this note are those of the author as of the note's date of publication and are subject to change without notice.
