Federal Reserve FOMC 2027 Schedule: Four Meetings Associated with Summary of Economic Projections

On September 5, 2025, the Board of Governors of the Federal Reserve System issued an official press release announcing the tentative meeting schedule for the Federal Open Market Committee (FOMC) for the calendar year 2027. Following standard central banking protocol, the schedule contains eight regularly scheduled two-day convenings distributed throughout the year.^[1][3]

The central bank maintains a routine schedule where each meeting spans two consecutive weekdays, starting on a Tuesday and concluding on a Wednesday. The published dates for 2027 are January 26–27, March 16–17, April 27–28, June 8–9, July 27–28, September 14–15, October 26–27, and December 7–8. Additionally, the Board provided the tentative dates for the first gathering of 2028, set for January 25–26, 2028.^[1][2][3]

Independent financial outlets and calendar services widely republished and confirmed these dates following the Federal Reserve's announcement. Standard procedure dictates that the Committee releases its monetary policy statement at 2:00 p.m. Eastern Time on the second day of each session, with the Chair holding a press conference at 2:30 p.m. Eastern Time.^[1][3]

Out of the eight scheduled convenings for 2027, four specific meetings are designated to include the release of a Summary of Economic Projections (SEP). On the official Federal Reserve monetary policy calendar, these quarterly occurrences are denoted by an asterisk following the meeting dates.^[1][2][3]

The four SEP-linked meetings for 2027 are scheduled for March 16–17, June 8–9, September 14–15, and December 7–8. During these sessions, Federal Reserve Board members and Reserve Bank presidents submit individual economic projections for gross domestic product growth, unemployment, inflation, and the appropriate target federal funds rate over the short and long term.^[1][2]

The non-SEP meetings for 2027 are set for January 26–27, April 27–28, July 27–28, and October 26–27. While these sessions still issue policy statements and host post-meeting press conferences, they do not automatically produce dynamic dot-plot economic forecasts unless specifically directed by the Committee.^[1][2][3]

Under standard Federal Reserve Board governance, the official policy decisions reached by the FOMC are published in a press statement released precisely at 2:00 p.m. Eastern Time on Wednesday, the second day of each scheduled convention.^[1]

Thirty minutes following the release of the monetary policy statement, at 2:30 p.m. Eastern Time, the Chair of the Federal Reserve conducts an interactive press conference. This standard applies uniformly across all eight regular meetings regardless of whether an SEP is scheduled.^[1]

Full detailed minutes of each FOMC meeting are routinely compiled and published three weeks after the date of the policy decision, providing context regarding committee discussions and voting outcomes.^[2]

In connection with FOMC meeting schedules, the Federal Reserve enforces a strict communications policy known as the blackout period. During this window, FOMC participants and staff refrain from expressing public views on monetary policy to prevent market speculation prior to decisions.^[2]

The Federal Reserve System maintains an explicit holiday schedule for Reserve Banks and the Board of Governors. For example, federal holidays observed in 2027 include New Year's Day (January 1), Martin Luther King Jr. Day (January 18), Presidents Day (February 15), Memorial Day (May 31), Juneteenth (June 19), Independence Day (July 4, observed July 5), Labor Day (September 6), Columbus Day (October 11), Veterans Day (November 11), Thanksgiving Day (November 25), and Christmas Day (December 25).^[2]

The 2027 meeting dates were constructed to avoid overlap with these system holidays and statutory observances, maintaining stable gaps between regular policy reviews.^[1][2]

This entry could not establish any unscheduled emergency meeting dates for 2027, as non-routine meetings are called on an ad hoc basis in response to unanticipated financial or economic conditions and are not part of the published advance schedule.^[1][2]

This entry could not establish the precise publication dates for the detailed meeting minutes for each 2027 meeting, as exact release dates are confirmed closer to the events, although they generally follow a three-week release rule.^[2]

This entry could not establish potential adjustments or changes to the tentative schedule that the Board of Governors may implement after September 2026.^[1][2]