Will the Fed Cut Rates in July 2026? Here's What the Markets Say
Almost definitely not. Futures trading suggests that there’s a 0% chance the Federal Reserve will cut interest rates at its July 29 meeting, according to the CME FedWatch Tool. The real debate is whether rates will hold or increase.
As of early July, the futures market shows a 74.9% probability the Fed holds rates steady at its current range of 3.50% to 3.75%.
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