Will the Fed’s Currency Crisis Begin on January 28, 2026?

The Calm Before the Monetary Storm Markets are sleepwalking into the January 28 FOMC meeting under the illusion of stability. The expectation? Either a hold on interest rates or a nod to eventual cuts later in 2026 as economic growth slows and debt-servicing costs balloon. In fact, interest costs on the U.S. national debt are projected to reach about 3.2 percent of GDP in 2026, marking one of the highest burdens relative to economic output in decades and squeezing fiscal flexibility. As a result, the backdrop for the Fed currency crisis 2026 is not a theoretical risk but one tied to tangible pressures on both markets and government balance sheets, making assumptions of effortless calm increasingly precarious. But this assumption…