Commonwealth Bank of Australia economist and FX strategist Carol Kong says she expects the FOMC to leave the federal funds rate unchanged, though one or two members may dissent in favor of a hike. She sees a low probability of a majority voting to raise rates and says post-meeting commentary may tilt toward a tighter stance.

2026-07-29

Commonwealth Bank of Australia economist and FX strategist Carol Kong says she expects the FOMC to leave the federal funds rate unchanged, though one or two members may dissent in favor of a hike. She sees a low probability of a majority voting to raise rates and says post-meeting commentary may tilt toward a tighter stance.