FOMC Press Conference

The press conference of the Federal Open Market Committee takes place 30 minutes after the Fed's interest rate decision, and has two parts: a pre-prepared statement followed by open questions. Even if the Fed has left rates unchanged, or a change has been anticipated by the market, unexpected remarks during the press conference can still lead to a large market reaction.

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Most recent - Wednesday 20 September 2023 18:30

Next event - Wednesday 1 November 2023 18:30

The typical/expected impact on USD pairs is high.

Trading range

Past events

Date

Wednesday 20 September 2023 18:30

Wednesday 26 July 2023 18:30

Wednesday 14 June 2023 18:30

Wednesday 3 May 2023 18:30

Wednesday 22 March 2023 18:30

Wednesday 1 February 2023 19:30

Wednesday 14 December 2022 19:30

Wednesday 2 November 2022 18:30

Wednesday 21 September 2022 18:30

Wednesday 27 July 2022 18:30

Wednesday 15 June 2022 18:30

Wednesday 4 May 2022 18:30

Wednesday 16 March 2022 18:30

Wednesday 26 January 2022 19:30

Wednesday 15 December 2021 19:30

Wednesday 3 November 2021 18:30

Wednesday 22 September 2021 18:30

Wednesday 28 July 2021 18:30

Wednesday 16 June 2021 18:30

Wednesday 28 April 2021 18:30

Wednesday 17 March 2021 18:30

Wednesday 27 January 2021 19:30

Wednesday 16 December 2020 19:30

Thursday 5 November 2020 19:30

Economic context

Recent economic data has been broadly neutral for USD. The following recent announcements may affect the market reaction to FOMC Press Conference:

		Previous	Latest
JOLTS Job Openings	Bullish change	8.827M	9.61M
ISM Manufacturing Employment Index	Bullish change	48.5	51.2
ISM Manufacturing New Orders Index	Bullish change	46.8	49.2
ISM Manufacturing PMI	Bullish change	47.6	49
ISM Manufacturing Prices Paid	Bearish change	48.4	43.8
Michigan Consumer Sentiment Index	Bullish change	67.7	68.1
UoM 5-year Consumer Inflation Expectation	Bullish change	2.7%	2.8%
Chicago Purchasing Managers' Index	Bearish change	48.7	44.1
Core Personal Consumption Expenditures - Price Index (MoM)	Bearish change	0.2%	0.1%
Core Personal Consumption Expenditures - Price Index (YoY)	Bearish change	4.2%	3.9%
Personal Consumption Expenditures - Price Index (MoM)	Bullish change	0.2%	0.4%
Personal Consumption Expenditures - Price Index (YoY)	Bullish change	3.3%	3.5%
Personal Income (MoM)	Bullish change	0.2%	0.4%
Personal Spending	Bearish change	0.8%	0.4%
Pending Home Sales (MoM)	Bearish change	0.9%	-7.1%
Core Personal Consumption Expenditures (QoQ)	(no change)	3.7%	3.7%
Gross Domestic Product Annualized	(no change)	2.1%	2.1%
Gross Domestic Product Price Index	Bearish change	2%	1.7%
Initial Jobless Claims	Bearish change	201K	204K
Personal Consumption Expenditures Prices (QoQ)	(no change)	2.5%	2.5%
Durable Goods Orders	Bullish change	-5.2%	0.2%
Durable Goods Orders ex Defense	Bullish change	-5.4%	-0.7%
Durable Goods Orders ex Transportation	Bearish change	0.5%	0.4%
Nondefense Capital Goods Orders ex Aircraft	Bullish change	0.1%	0.9%
New Home Sales Change (MoM)	Bearish change	4.4%	-8.7%
Housing Price Index (MoM)	Bullish change	0.3%	0.8%
S&P Global Composite PMI	Bearish change	50.2	50.1
S&P Global Manufacturing PMI	Bullish change	47.9	48.9
S&P Global Services PMI	Bearish change	50.5	50.2
Existing Home Sales Change (MoM)	Bullish change	-2.2%	-0.7%
Initial Jobless Claims	Bullish change	220K	201K
Philadelphia Fed Manufacturing Survey	Bearish change	12	-13.5
Fed Interest Rate Decision	(no change)	5.5%	5.5%
Interest Rate Projections - 1st year	Bullish change	4.6%	5.1%
Interest Rate Projections - 2nd year	Bullish change	3.4%	3.9%
Interest Rate Projections - 3rd year	Bearish change	3.1%	2.9%
Interest Rate Projections - Current	(no change)	5.6%	5.6%
Interest Rate Projections - Longer	(no change)	2.5%	2.5%

About FOMC Press Conference

Country:	United States
Currency:	USD
Source:	Federal Reserve
Category:	Central Banks
Frequency:	Irregular

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Calendar - FOMC Press Conference - United States