India, Dec. 10 -- The Federal Open Market Committee (FOMC) of the US Federal Reserve is set to announce its decision on interest rates on December 9, Wednesday, at a presser following a two-day meeting that began on December 8, Tuesday.

The FOMC's crucial press conference is set to begin at 2:30 p.m. Eastern Time (ET). Coming on the back of the October 2025 US Federal Reserve meeting, where a rate cut of 25 basis points to the range of 3.75% to 4.00% was implemented, the Fed is widely anticipated to cut the interest rate. The announcement today, thus, is being looked at closely by the global financial markets.

The FOMC presser today is set to begin at 2:30 p.m. ET today Here's when to watch it across the different time zones in the US....