The Federal Reserve's interest rate decision sets US borrowing costs and is a major driver of the US dollar.
Actual
3.75%
Forecast
3.75%
Previous
3.75%
Source: Federal Reserve. Figures as released; revisions appear in the next print.
Forecast: Trading Economics' forecast where available, otherwise the market consensus.
Calendar data: Trading Economics; official figures from the publishing agency.
Fed Interest Rate Decision (FOMC) for July 29, 2026 came in at 3.75% versus 3.75% expected (previous 3.75%), in line with forecast.
How this print reads for the US Dollar
In line with the 3.75% forecast. A reading above forecast is generally read as positive for the USD, and below forecast as negative.
New to this release? See what Fed Interest Rate Decision (FOMC) measures, the next release and its full history.