{"id":103895,"date":"2024-07-19T12:24:00","date_gmt":"2024-07-19T08:24:00","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=103895"},"modified":"2024-07-18T23:25:58","modified_gmt":"2024-07-18T19:25:58","slug":"julys-fomc-meeting-holding-steady-or-rate-cut","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/julys-fomc-meeting-holding-steady-or-rate-cut\/07\/19\/market-updates\/","title":{"rendered":"July\u2019s FOMC Meeting: Holding Steady or Rate Cut?"},"content":{"rendered":"\n<p>The July meeting is likely to see continued stable rates. However, a future rate cut depends on inflation and the overall health of the economy. The Fed will be monitoring data closely and adjusting policy as needed. The Federal Reserve&#8217;s next policy meeting is coming up on July 30-31, 2024. Here&#8217;s what you need to know:<br><br><strong>Current Situation:<br><\/strong><br>The Fed has held interest rates steady at 5.25%-5.50% since July 2023 after a series of hikes to fight inflation. Inflation is showing signs of cooling, but the Fed wants to see it reach its 2% target before cutting rates.<br><br><strong>What to Expect in July:<br><\/strong><br>Most analysts predict the Fed will maintain current rates again in July. However, a rate cut later in 2024 is a possibility, with futures markets suggesting a better than 50% chance.<br><br><strong>Factors Influencing the Decision:<br><\/strong><br>Inflation trajectory: The Fed will closely monitor inflation data to determine if further rate hikes are needed. <br><br>Economic health: The Fed aims for a &#8220;soft landing&#8221; \u2013 slowing inflation without triggering a recession. Employment data and GDP growth will be crucial factors.<br><br><strong>Impact of the Meeting:<br><\/strong><br>The Fed&#8217;s decision will affect borrowing costs, stock market performance, and the US dollar&#8217;s value.<br>Investors are watching closely for signs of future rate cuts.<br><br><strong>Previous Meeting (June 2024):<br><\/strong><br>The Fed held rates steady as expected, signaling a pause in the aggressive hiking cycle. They acknowledged slower economic growth but emphasized a commitment to price stability-linked mandate.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The July meeting is likely to see continued stable rates. However, a future rate cut depends on inflation and the overall health of the economy. The Fed will be monitoring data closely and adjusting policy as needed. The Federal Reserve&#8217;s next policy meeting is coming up on July 30-31, 2024. Here&#8217;s what you need to &hellip;<\/p>\n","protected":false},"author":13,"featured_media":53410,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[37,36],"tags":[6885,6987,7740],"class_list":["post-103895","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-fed","tag-inflation","tag-rate-cut"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/103895","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=103895"}],"version-history":[{"count":3,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/103895\/revisions"}],"predecessor-version":[{"id":103904,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/103895\/revisions\/103904"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/53410"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=103895"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=103895"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=103895"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}