Fed
United States- Policy rate
- 3.75–4.00%
- Hawk/dove
- +4.7 (hawkish)
- Above range
- 91.4%
- Within range
- 6.3%
- Below range
- 2.4%
Average rate over the three-month period starting 16 December 2026
The Fed, ECB, CBRT, BoE, BoJ and RBA meeting calendar in Turkey time, market-implied expectations and a hawk/dove score of policymakers' speeches, in one place.
Market data as of the close of 08 October 2026.
Average rate over the three-month period starting 16 December 2026
36.00% for the 22 October 2026 meeting, 35.07% by year-end
Approximate, from the OIS curve, assuming 25 bp steps
Cleveland Fed President Beth Hammack said tighter monetary policy may be needed to bring inflation down.
The meetings, running until 18 October, will discuss the state of the global economy as the Middle East conflict widens.
Traders on prediction markets see little chance that core inflation, excluding food and energy, falls to 2.2% this year.
US economists Robert E. Hall and Michael Woodford were honoured for work underpinning the models central banks and governments use to stabilise the economy.