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FOMC · EVENT PLAYBOOK

FOMC meeting schedule and equity framework

The FOMC sets the federal-funds target range. Quarterly meetings may also include projections and the dot plot, followed by a press conference.

NEXT OFFICIAL RELEASECalculating
Wed, Oct 28, 02:00 PM ETThu, Oct 29, 02:00 AM Beijing
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WHY IT MATTERS

Why U.S. equities care

The rate decision is only the first layer. Statement language, projections and the press conference often determine the lasting reaction in yields, the dollar and equity valuation.

WHAT TO READ

What to read first

  1. 01

    Decision and vote split

  2. 02

    Statement changes

  3. 03

    Median dot

  4. 04

    Inflation and growth projections

  5. 05

    Press conference

IMPACT PATHS · INFERENCE

Potential paths, not trade calls

Path is more hawkish

Higher terminal-rate view → firmer yields and dollar → long-duration assets become more sensitive

Path is more dovish

Higher easing probability → looser financial conditions → risk appetite may improve

READING BOUNDARIES

Common reading mistakes

  • The press conference can reverse the first move
  • Dots are not commitments
  • Policy meaning depends on incoming data

2026 FOMC release schedule (Beijing time)

Dates and times follow the official schedule

Date (Beijing)Beijing timeEastern timePeriod
Thu, Oct 2902:00Oct 28 14:00October meeting
Thu, Dec 1003:00Dec 9 14:00December meeting · projections
Thu, Jan 28, 202703:00Jan 27 14:00January meeting

All 2026 release dates already published by the agency, plus any next-year dates it has announced. Later changes follow the official source.