US EditionPublished • loading... • Updated
Federal Reserve to hold first interest rate vote of 2026
Federal Reserve expected to maintain 3.5%–3.75% rate amid mixed economic signals and DOJ's probe into Chair Powell, raising concerns about political pressure on monetary policy.
- On Tuesday, Federal Reserve officials began a two-day meeting ahead of Wednesday’s vote, the Fed’s first 2026 rate decision amid a DOJ probe disclosed by Federal Reserve Chairman Jerome Powell.
- Economists point to mixed economic signals, including labor-market softness and persistent inflation as U.S. data show sluggish hiring in the most-recent monthly jobs report and CPI rose 2.7% year-over-year.
- Market surveys show most participants expect the Fed to hold at 3.50%-3.75%, with only two additional 25-basis-point cuts this year, while Laura Jackson Young watches Fed language for signs of patience.
- A rate change would ripple into mortgage and auto loan markets while leadership stakes rise as Jerome Powell’s term ends in May and President Donald Trump may name a replacement.
- Powell's statements link legal pressure to policy independence, while analysts warn that headlines and `threats on Fed independence` create uncertainty affecting spending, as experts note.
Insights by Ground AI
20 Articles
20 Articles
Washington. The US Federal Reserve Monetary Policy Committee (Fed, Central Bank) began its first meeting in 2026 on Tuesday, after which it is expected that interest rates will remain unchanged, contrary to President Donald Trump's desire for a reduction in rates.The meeting began at 10:00 (15:00 GMT), according to a spokesman for the institution, and will conclude on Wednesday. Markets expect them to maintain rates between 3.50% and 3.75%.The m…
Coverage Details
Total News Sources20
Leaning Left0Leaning Right6Center9Last UpdatedBias Distribution60% Center
Bias Distribution
- 60% of the sources are Center
60% Center
C 60%
R 40%
Factuality
To view factuality data please Upgrade to Premium
