The Fed is back in the spotlight, and this meeting brings more uncertainty than the usual hold or hike debate.

Mixed data, shifting geopolitical risks, and Chair Warsh’s messaging have complicated the market’s read.

Here are points you need to know if you’re trading this week’s most closely watched event:

Event in Focus:

Federal Open Market Committee (FOMC) Monetary Policy Statement

When Will it Be Released:

July 29, 2026 (Wednesday): 6:00 pm GMT

  • Fed Chairman Warsh will conduct a presser 30 minutes later

Use our Forex Market Hours tool to convert GMT to your local time zone.

Expectations:

  • The FOMC is expected to keep interest rates steady at 3.75%

Forecasts as of July 29, 2026, at 2:30 am GMT

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