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Fed Expected to Hold Rates Unchanged on July 29; 66.3% Probability Priced In

2026-07-27 18:12:25

According to Moody's Analytics Chief Economist Mark Zandi, the Federal Reserve is expected to hold interest rates unchanged on July 29th at 9:00 PM Turkish time, with markets pricing in a 66.3% probability of no change and a 33.7% probability of a 25 basis point rate increase. Following the decision announcement at 9:30 PM, new Fed Chairman Kevin Warsh will deliver remarks. Zandi noted that Warsh has adopted a more secretive communication style than his predecessor Jerome Powell, which may increase uncertainty in financial markets and volatility in bond yields.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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