Live Coverage and Analysis from the July Federal Reserve Meeting
The Federal Reserve is set to hold its Federal Open Market Committee (FOMC) meeting next week, from July 29 to July 30, 2025. The meeting will conclude with the announcement of the central bank's latest policy decision.
Widely expected to keep interest rates unchanged at the July meeting, the Fed's policymakers are preferring to wait for more economic data before considering a rate cut. Despite significant pressure from President Donald Trump calling for rate cuts to reduce government debt servicing costs, the Fed's majority appears inclined to hold steady given inflation concerns and a still-strong labor market.
Regarding indications for a potential rate cut in September 2025, some Fed officials are debating the timing of easing measures amid signs of economic slowing. While the July meeting is likely to produce no rate change, Federal Reserve Chair Jerome Powell’s post-meeting press conference may signal openness to rate cuts in the fall if economic and labor market conditions deteriorate more visibly.
Market expectations suggest there is a moderate probability of a 25 to 50 basis point cut before year-end, reflecting growing investor anticipation of easing later this year. The July FOMC meeting is a significant event for Wall Street, as it may provide clues on a potential September rate cut.
The ongoing $2.5 billion renovation of the Federal Reserve's headquarters is being handled by Chair Jerome Powell. However, updates on the cost or progress of the renovation have not been provided.
The nuanced stance of the Fed underscores its desire to remain data-dependent and cautious despite external political pressure. Abigail Watt, an economist at UBS Global Research, has stated that recent comments from President Trump have broadened from focusing on interest rates to calls for Chair Powell to resign. The upcoming FOMC press conference is expected to be a crucial event, as it may include commentary on President Trump's combative commentary towards Chair Powell.
This article provides news and expert analysis on the potential impact of the July Fed meeting on the economy. For live updates and more in-depth coverage, follow the Kiplinger team's reporting on the event.
- In light of the upcoming FOMC meeting, some Defi investors are analyzing possible implications for the DeFi finance sector as a potential interest rate cut could impact traditional finance business development.
- Following the July FOMC meeting, several business analysts from top finance firms, including UBS Global Research, will discuss their views on the Fed's latest policy decision and its potential influence on the broader economy, including the DeFi business landscape.
