Interest rate remains unchanged at 4.25-4.50%
Update time: March 19, 2025The Federal Reserve announced at its latest policy meeting on Wednesday (March 19) that it would keep interest rates unchanged. Although the market generally expected a 50 basis point rate cut this year, Federal Reserve Chairman Powell emphasized that policymakers will wait for further clarity on the Trump administration's economic policies.
Release date 2025-03-19 |
Current interest rate 4.25-4.50% |
This change 0 |
To be announced next time 2025-05-07 |
Next prediction 4.20-4.25% |
Latest inflation 2.8% |
| interest rate trend | ||
 |
||
| resolution time | Basis of change | Adjusted interest rate |
|---|---|---|
| 2025-03-19 | 0 | 4.25-4.50% |
| 2025-01-30 | 0 | 4.25-4.50% |
| 2024-12-19 | -25 | 4.25-4.50% |
| 2024-11-07 | -25 | 4.50-4.75% |
| 2024-09-19 | -50 | 4.75-5.00% |
| 2024-07-31 | 0 | 5.25-5.50% |
| 2024-06-12 | 0 | 5.25-5.50% |
| Month | Resolution statement | Press conference | Bitmap | Economic forecast | Summary | Beige book |
|---|---|---|---|---|---|---|
| February 2025 | -- | -- | -- | -- | February 12 | -- |
| March 2025 | March 19 | March 19 | March 19 | March 19 | -- | March 05 |
| April 2025 | -- | -- | -- | -- | April 2 | -- |
| May 2025 | May 7 | -- | -- | -- | May 21 | -- |
| June 2025 | June 18 | June 18 | June 18 | June 18 | -- | June 4 |
| July 2025 | July 30 | -- | -- | -- | July 2 | -- |
| Federal Reserve interest rate decision + press conference + economic forecast + dot plot:Interest rate resolutions are made eight times a year, and the results are usually released at two or three o'clock in the morning Beijing time on Thursday. Among them, the economic forecast and dot plot will be announced in the statement of the resolution at the end of each quarter, and the Federal Reserve Chairman’s press conference will be held half an hour later. The other resolutions only have a resolution statement. 2. Minutes and Beige Book: Minutes are published three weeks after the resolution of the month, and the Beige Book is published two weeks before the resolution. 3. Cross-day processing: The date on the Federal Reserve’s table corresponds to the early morning Beijing time of the next day on the financial calendar. In order to remind users not to miss the content released in the middle of the night, the date of the above table on Huitong. 4. Released at 02:00 in the morning, write the date of Wednesday's trading day in the above table. | ||||||
| Central bank | Current interest rate | Next forecast | The latest rate hike (not 0) basis points | Historical peak | Record low | CPI latest value |
|---|---|---|---|---|---|---|
 FED |
4.25-4.5 March 19, 2025 |
To be predicted May 5, 2025 |
-25 December 19, 2024 |
20 March 4, 1980 |
0-0.25 December 27, 2008 |
3.2 |
 ECB |
2.65 March 6, 2025 |
To be predicted April 17, 2025 |
-25 2025-03-06 |
4.75 October 5, 2000 |
0.00 March 16, 2016 |
5.3 |
 BOJ |
0.5 March 19, 2025 |
To be predicted |
15 July 31, 2024 |
0.30 October 31, 2008 |
-0.10 January 29, 2016 |
3.3 |
 BOE |
4.5 February 6, 2025 |
To be predicted March 20, 2025 | -25 February 6, 2025 |
17 November 15, 1979 |
0.1 March 26, 2020 |
6.8 |
 SNB |
0.5 December 12, 2024 |
To be predicted |
-50 December 12, 2024 |
3.5 February 3, 2000 |
-0.75 October 15, 2015 |
1.6 |
 RBA |
4.1 February 18, 2025 |
To be predicted |
-25 February 18, 2025 |
17.00 January 22, 1990 |
0.75 October 01, 2019 |
6 |
 BOC |
2.75 March 12, 2025 |
To be predicted April 16, 2025 |
-25 March 12, 2025 |
8.06 February 23, 1995 |
0.25 April 21, 2009 |
3.3 |
 RBNZ |
3.75 February 19, 2025 |
To be predicted |
-50 February 19, 2025 |
8.25 July 26, 2007 |
0.25 March 16, 2020 |
6 |
-
Current interest rate5.00-5.25
-
Historical peak20
-
Last change5.00-5.25
-
Next appointment5.00-5.25
-
Record low0-0.25
-
CPI3
-
當前利率4
-
歷史峰值4.75
-
最近一次變動3.75
-
下次預約4.0
-
歷史最低0.00
-
CPI5.5
-
當前利率-0.10
-
歷史峰值0.30
-
最近一次變動-0.10
-
下次預約-0.10
-
歷史最低-0.10
-
CPI3.3
-
當前利率5.00
-
歷史峰值17
-
最近一次變動4.50
-
下次預約5.25
-
歷史最低0.1
-
CPI7.9
-
當前利率1.75
-
歷史峰值3.5
-
最近一次變動1.50
-
下次預約2.00
-
歷史最低-0.75
-
CPI1.7
-
當前利率4.10
-
歷史峰值17.00
-
最近一次變動4.10
-
下次預約4.10
-
歷史最低0.75
-
CPI6
-
當前利率5.00
-
歷史峰值8.06
-
最近一次變動4.75
-
下次預約5.00
-
歷史最低0.25
-
CPI2.8
-
當前利率5.50
-
歷史峰值8.25
-
最近一次變動5.50
-
下次預約5.50
-
歷史最低0.25
-
CPI6
10:31
09:22
09:21
09:00
08:56
The Federal Reserve
1、conducts the nation’s monetary policy to promote maximum employment, stable prices, and moderate long-term interest rates in the U.S. economy;
2、promotes the stability of the financial system and seeks to minimize and contain systemic risks through active monitoring and engagement in the U.S. and abroad;
3、promotes the safety and soundness of individual financial institutions and monitors their impact on the financial system as a whole;
4、fosters payment and settlement system safety and efficiency through services to the banking industry and the U.S. government that facilitate U.S.-dollar transactions and payments;
Interpretation of interest rate decision
March 20, 2025Powell's 6 questions and 6 answers at the press conference after the Fed's decision
After the Federal Reserve decided to keep interest rates unchanged as expected, Federal Open Market Committee (FOMC) Chairman Powell focused on the Trump administration's tariffs in his press conference
Interpretation of interest rate decision
March 20, 2025The Fed remains on hold, Powell "wait-and-see" policy fog, and expectations of rate cuts have slightly rebounded
The Federal Reserve announced at its latest policy meeting that it would keep interest rates unchanged. Although the market generally expected a 50 basis point rate cut this year, Fed Chairman Powell stressed that policymakers will wait for further clarity on the Trump administration's economic policies.
Interpretation of interest rate decision
March 20, 2025Full text of the Federal Reserve's monetary policy meeting statement on March 18-19 and comparison of the two recent statements
Compared with January, this resolution mainly deleted the "the committee believes that the risks to achieving employment and inflation goals are roughly balanced" and explicitly stated that "uncertainty about the economic outlook has increased"
