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Federal Funds Rate Forecasts
We use data on Federal Funds futures rates to estimate “target rate” changes at upcoming Federal Open Market Committee meetings. Predictions are updated every hour, and you can see how our estimates have changed over time using the graph below.
June 16-17, 2026
July 28-29, 2026
Current Prediction: 0.0 BPS hike
Current Prediction: 8.9 BPS hike
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