Fed Decision in July?
$72.3M Vol.Closes Jul 29, 2026
No change$20.8M Vol.93%
25 bps increase$15.2M Vol.7%
50+ bps increase$13.8M Vol.<1%
25 bps decrease$12M Vol.<1%
50+ bps decrease$10.5M Vol.<1%
The Federal Open Market Committee is set to decide whether to change the upper bound of the target federal funds rate (currently 3.75%) at its July 28–29, 2026 meeting.
Yahoo Newsfedratecalc.comThe decision is made by the Federal Open Market Committee (FOMC), the monetary policy body of the U.S. Federal Reserve.
Yahoo NewsThe Fed has held rates steady at 3.5%–3.75% since January 2026 while assessing economic outlooks and balance sheets to support its 2% inflation goal.
Yahoo Newsfedratecalc.comA rate change would directly alter borrowing costs for consumers and businesses, impacting mortgages, credit cards, and business investment decisions.
Yahoo NewsNote: The July 2026 FOMC meeting explicitly excludes the Summary of Economic Projections, which is a key variable often used by markets to gauge future rate path expectations.
The Federal Reserve kept its benchmark federal funds rate unchanged at the 3.5%–3.75% target range during its January 2026 meeting.
Yahoo NewsEconomists and experts currently speculate that further reductions in the federal funds rate may occur later in 2026, though the magnitude and timing remain uncertain.
Yahoo NewsWhile some sentiment has leaned toward a potential rate hike in certain analyses, the prevailing expert outlook foresees a rate cut later in the year.
Yahoo NewsForbesThe FOMC begins its scheduled July 28–29 meeting to discuss monetary policy.
Yahoo Newsfedratecalc.comThe Federal Reserve announces its interest rate decision and releases its policy statement at 2:00 PM ET.
mexc.comfedratecalc.comAI-generated briefing. AI can make mistakes. This is not financial advice.
The Fed maintained the federal funds rate at 3.5%–3.75% in January 2026 after assessing the economic outlook, demonstrating a preference for stability when data is inconclusive.
Yahoo NewsThe July 2026 meeting does not include a Summary of Economic Projections (dot plot), which may limit the committee's ability to signal a coordinated shift toward rate cuts compared to meetings with projections.
fedratecalc.comWhile speculation exists for cuts later in 2026, the specific number and magnitude remain uncertain, suggesting the committee may opt to hold rates steady to avoid premature policy shifts.
Yahoo NewsAI-generated briefing. AI can make mistakes. This is not financial advice.
Many economists foresee a rate cut later in 2026 as the Fed aims to return inflation to its 2% target and support economic goals.
Yahoo NewsThe Fed's policy framework emphasizes carefully assessing the outlook and balance of risks, which could favor a reduction if inflation data continues to soften toward the target.
Yahoo NewsPredicting Fed decisions is complex, but the prevailing expert consensus suggests a likelihood of a rate cut rather than a hold or hike later in the year.
Yahoo NewsAI-generated briefing. AI can make mistakes. This is not financial advice.