Fed interest rate decision January 2026 - Previous: 3.75% Forecast: 3.75%
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Fed interest rate decision January 2026 - Previous: 3.75% Forecast: 3.75%

Author: Robert Wilson

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.

The Fed's Jan meeting

Disclaimer: This material is for general information purposes only and is not intended as (and should not be considered to be) financial, investment or other advice on which reliance should be placed. No opinion given in the material constitutes a recommendation by EBC or the author that any particular investment, security, transaction or investment strategy is suitable for any specific person.