Central Bank Rate Decisions — July 2026
58
July 2026
Trade Policy
Federal Reserve, ECB, Bank of England, or Bank of Japan announced an interest rate decision or material change to forward guidance in July 2026
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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>