Fed dissenters advocate for a rate hike due to inflation concerns. Rate increase by October 2026 at 22.5% YES.

The Federal Reserve held rates at 3.5%-3.75% for a fifth straight meeting, but 4.1% inflation and 80% market odds of a September hike loom over

Despite increasing support for a rate increase, the Federal Open Market Committee voted 9-3 to leave the federal funds rate in a range between 3.5% and 3.75%.

Fed officials are divided on rate hikes. No change in rates after the October 2026 meeting at 68.5% YES.