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23 Jul 2026

International Economy

FOMC Meeting, July 28-29: Fed expected to hold policy rate at 3.50–3.75% as inflation eases but remains elevated (Business Brief No.4280 Full Ed.)

คะแนนเฉลี่ย

  • KResearch expects the Federal Reserve (Fed) to keep its policy rate unchanged at 3.50–3.75 percent at the FOMC meeting on July 28–29, 2026, as policymakers await greater clarity on the inflation outlook amid renewed geopolitical tensions in the Middle East.
  • Under Kevin Warsh’s leadership, the Fed’s monetary policy is expected to become more flexible but less predictable. The Fed may maintain higher interest rates for longer while continuing to gradually reduce its balance sheet over the long term.
  • KResearch expects the Fed to maintain the policy rate at 3.50–3.75 percent for the remainder of 2026. Although tensions in the Middle East have escalated again, our baseline scenario assumes that the conflict has already passed its peak. Nevertheless, the possibility of one additional rate hike later this year remains if the conflict proves more severe than expected and pushes inflation above current projections.

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International Economy

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