Will there be no change in Fed interest rates after the July 2026 meeting?

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@nicktimiraos · 05 Aug 2026, 20:07 UTC

Fed governor Lisa Cook says she voted to hold rates steady last week because she sees potential for a reduction in price pressures from tariffs, the war, and the AI buildout. But she suggests the bar to hike could be low with the following phrase: "If I do not see signs of continued disinflation soon, I am prepared to act." Given several years of above-target inflation, "while we might be able to afford to wait for longer in a different environment, we do not have that luxury in this one." https://t.co/esnn422nmq