Will Federal Reserve Raise Interest Rates 0.75% or 1.00%? Here''s What Analysts Are Saying Ahead Of Fed Meeting The FOMC (Federal Open Market Committee) will announce if it is deciding to raise the federal funds rate Wednesday, July 27 with an announcement at 2 p.m. ET. Here’s a look at what major analysts are expecting the rate hike to look like. The FOMC Meeting: The FOMC holds eight scheduled meetings during the year and holds other meetings as needed. The Federal Open Market Committee is the Fed’s operating body for monetary policy for the United States. The FOMC sets a target rate for the fed funds rate at its meetings. The Federal Reserve Board of Governors sets the discount rate and reserve requirement. Analysts Expectations: Here is a look at the current rate hike expectations from major financial institutions, as shared by Unusual Whales. Nomura: 100 bps ( 1.00%) Citigroup: 75 bps ( 0.75%) Morgan Stanley: 75 bps Credit Suisse: 75 bps Wells Fargo: 75 bps Bank of America: … Full story available on Benzinga.com