Fed Press Conference July 2025. After putting rate hikes on pause at their june meeting, the central bank bumped up interest rates by 25 basis points in july. Federal reserve board federal reserve chairman jerome powell speaks during a news conference following a federal open market committee meeting in washington on.

Wall street will be locked in to fed chair jerome powell’s press conference at 2:30 pm et for clues about how much and how quickly the central bank expects to cut rates. Since this could put savings and cd rates on a long downward slide, it’s smart to capitalize on today’s rates.