The Fed's Upcoming Decision: What to Expect

When Will the Fed Meet?

The Federal Open Market Committee (FOMC) is scheduled to meet on July 30-31, 2024.

What is the Federal Target Rate?

The Federal target rate is the interest rate that the Federal Reserve sets as a goal for overnight lending between banks.

What Do Interest Rate Traders Think?

The CME Group's 30-Day Fed Fund futures prices indicate that the market expects the Fed to change the Federal target rate at the upcoming FOMC meeting.

What is the Fed Expected to Do?

The Fed is widely expected to raise the Federal target rate at the upcoming FOMC meeting.

Where Can I Find More Information?

For more information, please refer to the Federal Reserve's policy statements and minutes.