FOMC Meeting March 2023: Fed Rate Decision & Market Impact

Track the FOMC meeting on March 22, 2023. Learn when the Fed announces its interest rate decision, how it affects stock prices, and trading strategies for this market-moving event.

Last updated: March 22, 2023

FOMC meeting March 2023

Meeting Date

Wednesday, March 22, 2023

Past meeting • Rate decision announced at 2:00 PM ET

Meeting Details

FOMC March meeting - Federal Reserve policy decision on interest rates and monetary policy.

This meeting includes an interest rate decision, which can significantly impact stock markets.

What to Expect

At this FOMC meeting, the Federal Reserve will:

  • Announce its interest rate decision at 2:00 PM Eastern Time
  • Release a policy statement explaining the decision
  • Provide economic projections and outlook
  • Release the "dot plot" showing Fed members' rate forecasts
  • Hold a press conference with the Fed Chair (at some meetings)

Potential Market Impact

FOMC meetings can cause significant stock market volatility:

  • Markets may move 1-3% or more within minutes of the 2:00 PM ET announcement
  • Rate hikes typically hurt stock prices, while rate cuts often boost them
  • Forward guidance (future policy signals) can move markets more than the actual rate decision
  • Bond yields often move first, which then affects stock valuations
  • Different sectors react differently (rate-sensitive stocks may move more)

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