Skip to main content
Up to 53% offSee the plans

Calendar

FOMC meeting - July 2026 rate decision

29 July 2026 · 00:00 · Central bank decision · North America

Outcome

The US Federal Open Market Committee held its policy meeting on 28 and 29 July 2026 and kept the target range for the federal funds rate at 3.50% to 3.75%, in line with market expectations. The decision passed on a 9 to 3 vote; the presidents of the Cleveland, Minneapolis and Dallas Federal Reserve Banks preferred a 0.25 percentage point increase at this meeting. The outcome affects the US dollar, global gold prices, and commodity markets relevant to Iran's economy.