Will the Federal Reserve raise interest rates? Here is what experts predict for July's meeting.
The Federal Reserve is expected to maintain current interest rates at its upcoming July meeting, though rising energy costs have increased market speculation regarding future hikes. Experts are closely watching Chair Kevin Warsh for signals on how the central bank will address persistent inflation.
Why it matters
Federal Reserve decisions significantly impact global markets, borrowing costs, and the broader economic outlook for the remainder of the year.
The Federal Reserve is expected to leave interest rates unchanged at its July meeting next week, but rising oil prices have prompted investors to sharply increase their bets that a fresh rate hike could come later this year.At the start of the year, many economists expected at least one rate cut in 2026. But resurgent inflation tied to rising energy prices has prompted some forecasters to instead expect higher rates before year's end.Fed Chair Kevin Warsh has pledged to return inflation to the Fed's 2% target while offering few clues about his outlook.
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