ON
← Back to feed
The Federal Reserve meets next week. Could it raise interest rates?
United States🏛️ PoliticsCenter8 days ago

The Federal Reserve meets next week. Could it raise interest rates?

The Federal Reserve is set to meet next week to decide on interest rates, with expectations that it will keep rates unchanged at 3.5% to 3.75%. Despite initial forecasts of potential rate cuts in 2026, rising oil prices and renewed inflation concerns have shifted some economists' predictions toward possible rate hikes later this year. Fed Chair Kevin Warsh has committed to returning inflation to the 2% target but has provided limited forward guidance. While the immediate rate decision is likely to remain unchanged, analysts note that geopolitical tensions, such as the U.S.-Iran conflict, could influence future decisions. The CME Group’s FedWatch tool currently estimates a 38% chance of a rate hike at the upcoming meeting, up from 12% just a week prior.

Former U.S. Vice President Mike Pence praised the late Senator Lindsey Graham’s dedication to American values during a recent interview on Bloomberg’s “Balance of Power.” Pence described Graham as a “tenacious advocate for American freedom at home and abroad,” emphasizing his commitment to national security and democratic principles. The conversation took place on July 28, 2026, as part of the show’s late edition. Pence called for the Senate to pass stringent new sanctions against Russia and urged Western nations to unite in supporting Ukraine, reflecting Graham’s influence on current policy discussions. The discussion was framed within broader political developments, including bipartisan efforts to strengthen sanctions against both Russia and Iran. During the same episode, the show highlighted how Graham had played a key role in persuading former President Donald Trump to continue backing Ukraine and other “front-line democracies.” His advocacy, according to the segment, helped shape the administration’s stance on regional stability and counterterrorism. The episode also featured insights from other experts, including Jared Bernstein, who analyzed potential economic implications of Federal Reserve decisions. Pence’s remarks were part of a larger conversation about the impact of Graham’s career in shaping U.S. foreign policy. While he acknowledged Graham’s contributions to maintaining American interests globally, Pence stressed the need for continued legislative action. He specifically mentioned the importance of advancing tough sanctions against Russia, which he argued could deter further aggression and reinforce alliances. This aligns with ongoing debates among lawmakers about how best to respond to Russian actions in Ukraine and beyond. The episode underscored the lasting influence of Graham’s work, particularly in relation to U.S.-Ukraine relations. According to the show, Graham had been instrumental in ensuring that Trump’s administration maintained financial and military support for Kyiv despite domestic political pressures. His ability to bridge ideological divides made him a respected figure among both Republican and Democratic leaders. This legacy, Pence suggested, should serve as a model for future policymakers seeking to uphold American leadership in international affairs. Other segments of the broadcast focused on economic concerns, including the potential for rising interest rates and their effect on global markets. However, the focus on Graham’s legacy remained central to the discussion. The show noted that while Graham’s approach to foreign policy was often controversial, his effectiveness in securing support for key initiatives was widely recognized. His death earlier this year has prompted reflection on the challenges of balancing national security with diplomatic engagement. Looking ahead, Pence and others involved in the discussion expressed hope that Congress would take meaningful steps to address the threats posed by Russia and Iran. They emphasized the urgency of strengthening collective defense mechanisms and reinforcing economic ties with allies. The conversation concluded with a call for unity among lawmakers, suggesting that Graham’s example could guide efforts to achieve consensus on critical issues facing the nation and its partners. The episode ended with a focus on the practical steps needed to translate policy ideals into tangible outcomes.

4 reports

CBS News (US) logoCBS News (US)IndependentCenterFactual 85Objective 8513 days ago
The Federal Reserve meets next week. Could it raise interest rates?

The Federal Reserve is set to meet next week to decide on interest rates, with expectations that it will keep rates unchanged at 3.5% to 3.75%. Despite initial forecasts of potential rate cuts in 2026, rising oil prices and renewed inflation concerns have shifted some economists' predictions toward possible rate hikes later this year. Fed Chair Kevin Warsh has committed to returning inflation to the 2% target but has provided limited forward guidance. While the immediate rate decision is likely to remain unchanged, analysts note that geopolitical tensions, such as the U.S.-Iran conflict, could influence future decisions. The CME Group’s FedWatch tool currently estimates a 38% chance of a rate hike at the upcoming meeting, up from 12% just a week prior.

Bias read (Center): The article presents a balanced view of differing expert opinions regarding the Federal Reserve's potential actions, without overtly favoring any particular political ideology. It reports on both the current expectation of rate stability and the possibility of future hikes due to inflationary risks,

Why factuality (85): The article accurately reports the Fed meeting, the potential for a rate hike, and the impact of rising oil prices on inflation. It references the CME FedWatch tool correctly and aligns with the primary source's context about the conflict in the Middle East.

Why objectivity (85): The article maintains a neutral tone, presenting the situation and expert opinions without taking a stance on the Fed's potential decisions.

MarketWatch logoMarketWatchIndependentCenterFactual 75Objective 8010 days ago
Oil prices sink, stock futures rally as U.S. and Iran pause attacks, Wall Street awaits busy week

On Sunday, U.S. stock-index futures increased while oil prices decreased amid a temporary halt in hostilities between the United States and Iran. This development comes as Wall Street prepares for a potentially significant week featuring the Federal Reserve's meeting and important earnings reports from major technology firms.

Bias read (Center): The article presents economic developments without overtly favoring any political perspective. It focuses on market reactions to geopolitical pauses and upcoming financial events without using biased language or emphasizing one side over another.

Why factuality (75): The article accurately reports the pause in fighting and its effect on oil prices and stock markets. It provides specific data and mentions the broader economic implications, which aligns with the primary source document.

Why objectivity (80): The article maintains a neutral tone and presents the information objectively. It avoids emotional language and focuses on the factual outcomes of the pause in hostilities.

Quartz logoQuartzIndependentCenterFactual 75Objective 658 days ago
The Fed decision today. Iran launched a surprise missile attack. Oil is climbing

The article reports that West Texas Intermediate crude oil prices increased ahead of the Federal Reserve's announcement regarding its interest rate decision scheduled for Wednesday afternoon. It mentions that Iran conducted a surprise missile attack, which likely contributed to the rise in oil prices due to concerns over potential disruptions in global energy supplies. The Federal Reserve's decision on interest rates is a significant event that can influence economic policies and market stability. The combination of geopolitical tensions from Iran's actions and the anticipation of the Fed's monetary policy decision created a volatile environment in the oil market.

Bias read (Center): The article provides a straightforward report on the factors influencing oil prices, including the Federal Reserve's anticipated interest rate decision and Iran's missile attack. There is no evident bias in the framing, word choice, or emphasis, as it presents the information neutrally without favor

Why factuality (75): The article mentions the Fed's interest rate decision and links it to an Iranian missile attack and rising oil prices. While the Fed's decision is a real event, the connection between the missile attack and oil price movement is not clearly established. The article appears to conflate unrelated even

Why objectivity (65): The tone suggests a causal relationship between the Iranian attack and oil prices, which may not be fully substantiated. The language implies urgency and significance around the Fed decision, potentially influencing reader perception. There is some editorializing in how the events are framed togethe

Quartz logoQuartzIndependentCenterFactual 60Objective 7015 days ago
Oil at $95, rate hike odds at 69% for September, and Alphabet reports tonight

Oil prices briefly rose above $95 per barrel on Wednesday as Brent crude reached a new high, driven by 11 consecutive nights of U.S. military strikes against Iran. This development contributed to increased market speculation about potential interest rate hikes, raising the probability of a September rate increase to 69%. The article highlights the geopolitical tensions influencing global energy markets and their impact on financial expectations.

Bias read (Center): The article presents factual developments related to oil prices and Federal Reserve policy without overtly favoring any particular political stance. It reports on the correlation between U.S. military actions and market reactions, as well as economic indicators, without taking a clear ideological sl

Why factuality (60): This article provides limited information compared to the primary source document. It mentions oil prices and rate hike odds but lacks detailed data on mortgage rates, Fed decisions, or expert commentary. It appears incomplete and possibly truncated, making it difficult to assess full factual alignm

Why objectivity (70): The article is brief and lacks depth, but it presents information neutrally without overtly biased language. It focuses on key elements like oil prices and rate hike probabilities without injecting personal opinion or emotional language.

How each side covered it

The same event, grouped by the political lean of the outlets covering it.

How each side covered it

Support independent, bias-aware news and unlock the social pulse, community voting, and every other Supporter feature.

Become a Supporter

Covered around the world

The same event as reported in other countries.

Covered around the world

Support independent, bias-aware news and unlock the social pulse, community voting, and every other Supporter feature.

Become a Supporter

Claims check

Key factual claims, and how many sources assert vs dispute each.

Claims check

Support independent, bias-aware news and unlock the social pulse, community voting, and every other Supporter feature.

Become a Supporter

Keep the news honest.

ObjectiveNews is reader-funded and ad-free — we show you the bias instead of hiding it. Support independent journalism for €4/month.

Become a Supporter

Related stories