PANews|Jul 29, 2026 13:14
[Federal Reserve: FOMC meeting to resume as scheduled at 9:00 PM Beijing time]
Federal Reserve: The FOMC meeting will resume as scheduled on Wednesday morning (9:00 PM Beijing time).
'Federal Reserve mouthpiece' Nick Timiraos: Goldman Sachs stated that since the interest rate futures market is currently pricing in a one-third probability of a rate hike by the Federal Reserve today, whatever decision the Fed ultimately makes will mark the biggest 'surprise' for a non-rate-cut meeting since 1997. If the Federal Reserve raises rates, it will be 'the biggest meeting-day surprise outside of a rate cut since the Fed began issuing statements announcing policy rate changes.'
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