US EditionUS Fed Opens Policy Meeting, Set to Hold Rates Steady
UNITED STATES, JUL 29 – The Federal Reserve maintains interest rates amid tariff uncertainties while balancing inflation above 2% and near full employment, with some policymakers open to future cuts.
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4 Articles
Federal Reserve Expected To Hold Steady on Interest Rates for Another Month Despite Constant Complaints From Trump
The monthly meeting of the board governors and reserve bank presidents will be held in private after a judge rejects a bid to open deliberations to the public.
The last time that the Central Bank (BC) dropped the Monetary Policy Rate (MPR) was at the December 2024 meeting. At that time it left it at 5%, a level that has been maintained until now.This is because the market is inclined so that, at the July meeting, which will take place this Tuesday, the governing body will cut the rate by 25 basis points leaving it at 4.75%.While that is the majority view, there are voices that point to the decline bein…
According to Goldman Sachs analysts in their latest report, the most noticeable change since the June FOMC meeting is that economic activity in the US, while growing, is below potential. This news reinforces the forecast for interest rate cuts this year. However, while the US bank's analysts still forecast three cuts this year, the market is leaning towards a more cautious outlook.
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