Published on: 2026-01-28
The Fed's Jan meeting
28/1/2026 (Wed)
Previous: 3.75% January Forecast: 3.75%
The Fed is not expected to move on interest rates at this week's meeting. Still, market watchers will parse comments from Chair Powell amid pressure from the White House to lower rates.
At their December meeting, Fed officials agreed to cut key interest rate by 25 bps for the third time this year. Some wanted to see more data before following up with additional cuts.
The Trump administration is expected to announce a new Fed chair in the coming weeks, with one of the frontrunners, Kevin Hassett widely expected to advocate for lower rates.

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