Central Bank Rate Decisions — July 2026
58
July 2026
Trade Policy
A structured record of 58 policy rate decisions and forward guidance announcements from the Federal Reserve, ECB, Bank of England, Bank of Japan, and other major central banks in July 2026. Each event captures the central bank, decision outcome (rate change or hold), new rate level, and key language shifts in the accompanying policy statement. Coverage includes both scheduled Monetary Policy Committee meetings and emergency rate actions.
Federal Reserve, ECB, Bank of England, or Bank of Japan announced an interest rate decision or material change to forward guidance in July 2026
Fixed income investors and portfolio managers use rate decision data to update duration positioning and reassess yield curve exposure across bond portfolios. FX traders and macro hedge funds track central bank decisions as primary inputs to currency pair models and carry trade strategies. Corporate treasury teams and CFOs monitor rate decisions to inform hedging programmes, floating-rate debt management, and capital structure planning.
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<div style="overflow-x:auto;width:100%"><table class="catchall-table"><thead><tr><th style="min-width:40px">#</th><th style="min-width:240px">Event</th><th style="min-width:140px;white-space:nowrap">Decision Type</th><th style="min-width:140px;white-space:nowrap">Rate Direction</th><th style="min-width:140px;white-space:nowrap">New Rate</th><th style="min-width:140px;white-space:nowrap">Previous Rate</th><th style="min-width:140px;white-space:nowrap">Rate Change Bps</th><th style="min-width:140px;white-space:nowrap">Central Bank</th><th style="min-width:140px;white-space:nowrap">Guidance Summary</th><th style="min-width:140px;white-space:nowrap">Announcement Date</th><th style="min-width:140px;white-space:nowrap">Policy Statement Url</th><th style="min-width:120px;white-space:nowrap">Source</th></tr></thead><tbody><tr><td>1</td><td style="min-width:240px">ECB Holds Rates in July 2026, Signals Future Hikes</td><td style="min-width:140px">rate_hold</td><td style="min-width:140px">unchanged</td><td style="min-width:140px">0</td><td style="min-width:140px">0</td><td style="min-width:140px">0</td><td style="min-width:140px">European Central Bank</td><td style="min-width:140px">ECB officials indicated that at least one more rate hike would be needed to contain inflation, even if the outlook improves. They stressed the need to act preemptively against second-round inflation effects, with a September tightening likely.</td><td style="min-width:140px">2026-07-01</td><td style="min-width:140px">https://baotintuc.vn/kinh-te/quan-chuc-ecb-can-tiep-tuc-tang-lai-suat-de-kiem-che-lam-phat-20260727192653867.htm</td><td style="white-space:nowrap"><a href="https://www.reuters.com/business/ecbs-kazimir-september-rate-hike-likely-needed-even-if-outlook-improves-2026-07-27" target="_blank" rel="nofollow">https://www.reuters.com/business/ecbs-kazimir-september-rate-hike-likely-needed-even-if-outlook-improves-2026-07-27</a></td></tr><tr><td>2</td><td style="min-width:240px">Federal Reserve holds rates steady in July 2026 amid geopolitical uncertainty</td><td style="min-width:140px">rate_hold</td><td style="min-width:140px">unchanged</td><td style="min-width:140px">3.75</td><td style="min-width:140px">3.75</td><td style="min-width:140px">0</td><td style="min-width:140px">Federal Reserve</td><td style="min-width:140px">Fed voted 9-3 to keep policy rate unchanged at 3.50%-3.75%; Chair Warsh reiterated commitment to price stability; uncertainty remains due to geopolitical and economic factors.</td><td style="min-width:140px">2026-07-30</td><td style="min-width:140px"></td><td style="white-space:nowrap"><a href="https://www.sc.com/sg/market-outlook/daily-navigator-9-7-2026" target="_blank" rel="nofollow">https://www.sc.com/sg/market-outlook/daily-navigator-9-7-2026</a></td></tr><tr><td>3</td><td style="min-width:240px">Federal Reserve's Hawkish Stance and Future Rate Hike Expectations in July 2026</td><td style="min-width:140px">forward_guidance_change</td><td style="min-width:140px">unchanged</td><td style="min-width:140px">1</td><td style="min-width:140px">1</td><td style="min-width:140px">1</td><td style="min-width:140px">Federal Reserve</td><td style="min-width:140px">The Federal Reserve is expected to maintain a hawkish monetary policy stance, with market probability for a September rate hike rising.</td><td style="min-width:140px">2026-07-11</td><td style="min-width:140px">https://www.federalreserve.gov/newsevents/pressreleases/monetary20260711a.htm</td><td style="white-space:nowrap"><a href="https://tw.stock.yahoo.com/news/%E7%BE%8E%E4%BC%8A%E8%A1%9D%E7%AA%81%E5%8D%87%E6%BA%AB%E5%9C%8B%E9%9A%9B%E9%87%91%E5%83%B9%E7%9B%A4%E4%B8%AD%E5%9B%9E%E5%BD%88-%E8%81%AF%E6%BA%96%E6%9C%83%E9%B7%B9%E6%B4%BE%E7%AB%8B%E5%A0%B4%E5%A2%9E%E6%8A%95%E8%B3%87%E8%80%85%E8%80%83%E9%87%8F-030000526.html" target="_blank" rel="nofollow">https://tw.stock.yahoo.com/news/%E7%BE%8E%E4%BC%8A%E8%A1%9D%E7%AA%81%E5%8D%87%E6%BA%AB%E5%9C%8B%E9%9A%9B%E9%87%91%E5%83%B9%E7%9B%A4%E4%B8%AD%E5%9B%9E%E5%BD%88-%E8%81%AF%E6%BA%96%E6%9C%83%E9%B7%B9%E6%B4%BE%E7%AB%8B%E5%A0%B4%E5%A2%9E%E6%8A%95%E8%B3%87%E8%80%85%E8%80%83%E9%87%8F-030000526.html</a></td></tr><tr><td>4</td><td style="min-width:240px">Federal Reserve officials divided on future rate policy</td><td style="min-width:140px">forward_guidance_change</td><td style="min-width:140px">unchanged</td><td style="min-width:140px">2,026</td><td style="min-width:140px">2,026</td><td style="min-width:140px">2,026</td><td style="min-width:140px">Federal Reserve</td><td style="min-width:140px">The Federal Reserve remains sharply divided over next steps, with some officials supporting rate hikes by year-end and others preferring to wait for further inflation data.</td><td style="min-width:140px">2026-07-14</td><td style="min-width:140px">2026</td><td style="white-space:nowrap"><a href="https://www.dailydemocrat.com/2026/07/14/gas-prices-inflation-june" target="_blank" rel="nofollow">https://www.dailydemocrat.com/2026/07/14/gas-prices-inflation-june</a></td></tr><tr><td>5</td><td style="min-width:240px">Federal Reserve signals future rate hikes</td><td style="min-width:140px">forward_guidance_change</td><td style="min-width:140px">increase</td><td style="min-width:140px">1</td><td style="min-width:140px">1</td><td style="min-width:140px">1</td><td style="min-width:140px">Federal Reserve</td><td style="min-width:140px">Around half of the Fed's leadership expects one or two more interest rate hikes by the end of the year.</td><td style="min-width:140px">2026-07-08</td><td style="min-width:140px">1.0</td><td style="white-space:nowrap"><a href="https://www.finanznachrichten.de/nachrichten-2026-07/68971576-die-fed-stoesst-an-ihre-grenzen-349.htm" target="_blank" rel="nofollow">https://www.finanznachrichten.de/nachrichten-2026-07/68971576-die-fed-stoesst-an-ihre-grenzen-349.htm</a></td></tr><tr><td>6</td><td style="min-width:240px">Federal Reserve interest rate speculation in July 2026</td><td style="min-width:140px">rate_hold</td><td style="min-width:140px">unchanged</td><td style="min-width:140px">1</td><td style="min-width:140px">1</td><td style="min-width:140px">0</td><td style="min-width:140px">Federal Reserve</td><td style="min-width:140px">The Federal Reserve is facing mounting pressure for interest rate hikes amid the return of inflationary risks, with some policymakers suggesting a further key interest rate hike may be needed in the near future. However, the prevailing estimate is that interest rates will not be changed.</td><td style="min-width:140px">2026-07-01</td><td style="min-width:140px"></td><td style="white-space:nowrap"><a href="https://www.ziarulevenimentul.ro/stiri/economie/euro-nu-poate-trece-de-5-23-lei--217599048.html" target="_blank" rel="nofollow">https://www.ziarulevenimentul.ro/stiri/economie/euro-nu-poate-trece-de-5-23-lei--217599048.html</a></td></tr><tr><td>7</td><td style="min-width:240px">ECB Official Signals Higher Likelihood of Rate Hike</td><td style="min-width:140px">forward_guidance_change</td><td style="min-width:140px">increase</td><td style="min-width:140px">0</td><td style="min-width:140px">0</td><td style="min-width:140px">0</td><td style="min-width:140px">European Central Bank</td><td style="min-width:140px">Governing Council member Gediminas Simkus stated that the European Central Bank is still more likely to increase borrowing costs.</td><td style="min-width:140px">2026-07-23</td><td style="min-width:140px"></td><td style="white-space:nowrap"><a href="https://m.jrj.com.cn/madapter/finance/2026/07/23014757878302.shtml" target="_blank" rel="nofollow">https://m.jrj.com.cn/madapter/finance/2026/07/23014757878302.shtml</a></td></tr><tr><td>8</td><td style="min-width:240px">Bank of Japan's Rate Hike Impacts Scholarship Repayments</td><td style="min-width:140px">rate_hike</td><td style="min-width:140px">increase</td><td style="min-width:140px">2.922</td><td style="min-width:140px">0.369</td><td style="min-width:140px">255.3</td><td style="min-width:140px">Bank of Japan</td><td style="min-width:140px">The Bank of Japan lifted its negative interest rate policy in March 2024, leading to a rapid rise in scholarship interest rates. The fixed interest rate for June was 2.922%, approaching the 3% cap.</td><td style="min-width:140px">2026-07-17</td><td style="min-width:140px"></td><td style="white-space:nowrap"><a href="https://www.niigata-nippo.co.jp/articles/-/866115" target="_blank" rel="nofollow">https://www.niigata-nippo.co.jp/articles/-/866115</a></td></tr><tr><td>9</td><td style="min-width:240px">European Central Bank Interest Rate Decision and September Hike Outlook</td><td style="min-width:140px">rate_hold</td><td style="min-width:140px">unchanged</td><td style="min-width:140px">2.5</td><td style="min-width:140px">2.5</td><td style="min-width:140px">0</td><td style="min-width:140px">European Central Bank</td><td style="min-width:140px">ECB is expected to raise interest rates again in September, bringing the deposit rate to 2.50 percent.</td><td style="min-width:140px">2026-07-22</td><td style="min-width:140px"></td><td style="white-space:nowrap"><a href="https://www.sondakika.com/guncel/haber-turkiye-nin-yerel-gucu-kalkinma-ajanslari-20075687" target="_blank" rel="nofollow">https://www.sondakika.com/guncel/haber-turkiye-nin-yerel-gucu-kalkinma-ajanslari-20075687</a></td></tr><tr><td>10</td><td style="min-width:240px">Bank of Japan Hikes Interest Rates</td><td style="min-width:140px">rate_hike</td><td style="min-width:140px">increase</td><td style="min-width:140px">1</td><td style="min-width:140px">0.75</td><td style="min-width:140px">25</td><td style="min-width:140px">Bank of Japan</td><td style="min-width:140px">The BoJ's decision to gradually abandon this policy and raise interest rates is a strategic move to narrow this differential.</td><td style="min-width:140px">2026-07-01</td><td style="min-width:140px"></td><td style="white-space:nowrap"><a href="https://us1poets.com/article/boj-hike-fails-to-prop-up-yen-usd-jpy-analysis" target="_blank" rel="nofollow">https://us1poets.com/article/boj-hike-fails-to-prop-up-yen-usd-jpy-analysis</a></td></tr><tr class="row-locked"><td>11</td><td style="min-width:240px">ECB Raises Interest Rates in July 2026</td><td style="min-width:140px">rate_hike</td><td style="min-width:140px">increase</td><td style="min-width:140px">2.25</td><td style="min-width:140px">0</td><td style="min-width:140px">25</td><td style="min-width:140px">European Central Bank</td><td style="min-width:140px">If the regulator decides to implement new rate increases, this would imply an increase in the cost of mortgages, restricting access to financing.</td><td style="min-width:140px">2026-07-01</td><td style="min-width:140px"></td><td style="white-space:nowrap"><a href="https://ca.finance.yahoo.com/news/spains-rental-spiral-71-citizens-085539446.html" target="_blank" rel="nofollow">https://ca.finance.yahoo.com/news/spains-rental-spiral-71-citizens-085539446.html</a></td></tr><tr class="row-locked"><td>12</td><td style="min-width:240px">Federal Reserve Awaits Rate Decision</td><td style="min-width:140px">rate_hold</td><td style="min-width:140px">unchanged</td><td style="min-width:140px">1</td><td style="min-width:140px">1</td><td style="min-width:140px">0</td><td style="min-width:140px">Federal Reserve</td><td style="min-width:140px">The Federal Reserve is expected to hold rates steady, with market participants awaiting further guidance.</td><td style="min-width:140px">2026-07-31</td><td style="min-width:140px"></td><td style="white-space:nowrap"><a href="https://www.fxempire.com/crypto/golden-butterfly-sacred-armor" target="_blank" rel="nofollow">https://www.fxempire.com/crypto/golden-butterfly-sacred-armor</a></td></tr></tbody></table></div>
<h3>Which central banks are covered?</h3><p>The dataset covers rate decisions from the Federal Reserve (US), European Central Bank (ECB), Bank of England (BoE), and Bank of Japan (BoJ). Decisions from other major central banks may be included where they represent a significant market event.</p><h3>Are forward guidance changes included, or only rate moves?</h3><p>Both are included. Material changes to forward guidance — such as shifts in the dot plot, changes to the inflation target framework, or significant alterations to policy statement language — are captured alongside actual rate changes and holds.</p><h3>How is "material change to forward guidance" defined?</h3><p>A forward guidance change is considered material when it signals a clear shift in the expected policy rate path — such as removing a hiking bias, introducing a cut bias, or changing the stated conditions for future action.</p><h3>How often is this dataset updated?</h3><p>We rerun this dataset once a month. You can create your own dataset that updates as frequently as every one hour on <a href="https://platform.newscatcherapi.com/catchall">platform.newscatcherapi.com/catchall</a></p>