When will the Fed's interest rate decision be announced? Signals for a July 2025 rate cut are growing stronger.

The US Federal Reserve's July 2025 interest rate decision will be announced on Wednesday, July 30th at 9:00 PM. The meeting will be held from July 29-30. Global markets, from the dollar to gold, cryptocurrencies to stock markets, are focused on this decision.

Interest rate cut expectations on the agenda

FOMC minutes and Fed members' statements increased expectations for a rate cut.

Christopher Waller: “Interest rate cuts could be considered”

Mary Daly: "There may be two discounts this year"

Alberto Musalem: “The risk of inflation remains, it is difficult to speak too soon.”

These statements strengthened the possibility of a rate cut in September, if not in July.

TRUMP'S STATEMENT ON POWELL

Markets were roaring after reports that former US President Donald Trump was considering firing Powell. However, Trump dismissed the rumors, saying, "I'm not considering firing Powell."

FED'S NEW POLICY RATE FORECASTS

The Fed maintained its year-end policy rate forecast at 3.9%.

2026 forecast: 3.6%

2027 forecast: 3.4%

Long-term average expectation: 3%

These estimates show that two interest rate cuts are on the table in 2025.

Inflation expectations have risen

The Fed revised its inflation forecast upwards:

2025 core inflation: 3.1%

2026: 2.4%

2027: 2.1%

Despite these increases, markets have received signals of a transition to an interest rate reduction policy.