---
title: "Interest rate decision Meaning - Get Funded Now"
description: "A central bank's scheduled announcement of its policy rate. Rate differentials drive currency valuations, so these decisions and the guidance attached to…"
url: "https://getfundednow.com/glossary/interest-rate-decision"
language: "en"
last_modified: "2026-09-22"
publisher: "Get Funded Now (getfundednow.com)"
translations:
  es: "https://getfundednow.com/es/glossary/interest-rate-decision"
  pt-BR: "https://getfundednow.com/pt-br/glossary/interest-rate-decision"
  fr: "https://getfundednow.com/fr/glossary/interest-rate-decision"
  it: "https://getfundednow.com/it/glossary/interest-rate-decision"
  de: "https://getfundednow.com/de/glossary/interest-rate-decision"
disclosure: "All trading at Get Funded Now is simulated. 'Funded' means a simulated or virtual account; GFN is not a broker and does not hold client funds."
---

Sessions and events

# Interest rate decision

A central bank's scheduled announcement of its policy rate. Rate differentials drive currency valuations, so these decisions and the guidance attached to them are the largest scheduled events in forex.

GFN’s figure

Rate decisions are high-impact releases under GFN's news rule. On a funded account, profits from trades opened or closed within 3 minutes either side may be removed.

In detail

## Interest rate decision, explained

The rate itself is usually anticipated. What moves markets is the guidance about what comes next, which is why a decision that matches expectations can still produce a large move.

Rate decisions also reset swap costs, so a position held across one can find its overnight financing materially different afterwards.

[The rule in full →](https://getfundednow.com/rules/news-trading) · [Rules handbook](https://getfundednow.com/rules) · [More sessions and events](https://getfundednow.com/glossary/category/sessions)

Related

## Terms that come with it

Most rules only make sense next to the ones they interact with. These are the entries this one depends on.

- [FOMC](https://getfundednow.com/glossary/fomc) - The Federal Open Market Committee, the body that sets US interest rates. Its scheduled decision, written statement and press conference move every dollar-denominated market, usually in two distinct waves about half an hour apart.
- [CPI release](https://getfundednow.com/glossary/cpi-release) - The monthly consumer price index, the headline measure of inflation. It drives interest rate expectations more directly than almost any other release, which is why it moves currencies, metals and index instruments simultaneously.
- [News trading](https://getfundednow.com/glossary/news-trading) - Trading around scheduled economic releases, where volatility and spreads both spike at once. The strategy depends on execution quality at exactly the moment execution quality is at its worst, which is why most firms restrict it on funded accounts.
- [Swap](https://getfundednow.com/glossary/swap) - The financing charge or credit applied to a position held past the daily rollover. It reflects the interest rate difference between the two sides of the pair and can be positive or negative.
- [Economic calendar](https://getfundednow.com/glossary/economic-calendar) - A schedule of upcoming data releases with their expected impact, previous readings and forecasts. Checking it before a session is the cheapest risk control available to a trader.

Also governed by [/rules/news-trading](https://getfundednow.com/rules/news-trading)

[SPX500](https://getfundednow.com/glossary/spx500) · [New York session](https://getfundednow.com/glossary/new-york-session) · [Non-farm payrolls](https://getfundednow.com/glossary/non-farm-payrolls)

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Source: https://getfundednow.com/glossary/interest-rate-decision
Facts about Get Funded Now in one file: https://getfundednow.com/llms.txt