Federal Reserve holds rates steady; three officials dissent for hike

On July 29, 2026, the Federal Reserve maintained its benchmark interest rate at 3.50%–3.75% for the fifth consecutive meeting, with three officials dissenting in favor of a rate increase. Fed Chair Kevin Warsh signaled a possible December hike.

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Fed holds rates steady as three officials dissent

kite:usaother62d ago kagi ↗

The Federal Reserve kept its benchmark interest-rate target at 3.50%-3.75% on Wednesday after a two-day policy meeting, its fifth consecutive meeting without a rate change, according to several sources [scmp.com#1][pbs.org#1][rthk.hk#1][cbsnews.com#1][euronews.com#1]. The Federal Open Market Committee voted 9-3, with three of 12 policymakers backing a quarter-percentage-point increase as inflation

Fed holds rates as three officials back hike

kite:worldother62d ago kagi ↗

The Federal Reserve left its benchmark interest-rate range at 3.50% to 3.75% on Wednesday after a two-day policy meeting, keeping rates unchanged for a fifth straight meeting although inflation remained above its 2% goal [scmp.com#1][mercopress.com#1][rthk.hk#1][pbs.org#1][cbsnews.com#1][euronews.com#1]. The Federal Open Market Committee voted 9-3, with Cleveland Fed President Beth Hammack, Minnea

Fed holds rates as three officials seek rate increase

kite:businessother61d ago kagi ↗

The Federal Reserve held its benchmark interest-rate range at 3.50% to 3.75% on Wednesday, its fifth consecutive meeting without a change, after a two-day policy meeting led by Chair Kevin Warsh [bbc.co.uk#1][cbsnews.com#1][npr.org#1][euronews.com#1][pbs.org#1]. The Federal Open Market Committee voted 9-3 to hold; Cleveland Fed President Beth Hammack, Minneapolis Fed President Neel Kashkari and Da

Fed holds rates as three officials back rate increase

kite:economyother61d ago kagi ↗

The Federal Reserve left its benchmark interest-rate range unchanged at 3.50% to 3.75% on Wednesday, with the Federal Open Market Committee voting 9-3 to hold rates steady for a fifth straight meeting [bbc.co.uk#1][npr.org#1][wsj.com#2][euronews.com#1][pbs.org#1]. Three of the 12 voting policymakers dissented in favor of a quarter-percentage-point increase as inflation remained above the Fed’s 2%

Federal Reserve holds rates as three officials seek hike

kite:usa_floridaother61d ago kagi ↗

The Federal Reserve voted 9-3 on Wednesday to keep its benchmark interest rate in a 3.50%-3.75% target range after a two-day policy meeting, leaving rates unchanged for a fifth straight meeting [floridarealtors.org#1][nbcnewyork.com#1][pbs.org#1][brecorder.com#1][kyodonews.net#1]. Cleveland Fed President Beth Hammack, Minneapolis Fed President Neel Kashkari and Dallas Fed President Lorie Logan dis

Fed holds rates as bond investors question Warsh

kite:businessother60d ago kagi ↗

The Federal Reserve kept its benchmark interest-rate target at 3.50% to 3.75% on July 29, with the Federal Open Market Committee voting 9-3 to hold rates steady after a two-day meeting [faz.net#1][manilatimes.net#1][elfinanciero.com.mx#1][i-cable.com#1]. Chair Kevin Warsh declined to give a clear path for future rate moves and said the Fed remained committed to returning inflation to its 2% target

Fed rates dissenters make their case for higher rates

rss:axiosus_mainstream60d ago kagi ↗

Inflation has been too high for too long, and the Federal Reserve should not count on it fading without further action. That is the argument from the three Fed officials who dissented from the decision led by chairman Kevin Warsh to leave interest rates unchanged this week, preferring instead to raise them. Why it matters: Together, the dissents lay out a blueprint for the Fed's hawkish wing, argu

Warsh remarks push JPMorgan to forecast December Fed hike

kite:businessother59d ago kagi ↗

Federal Reserve Chair Kevin Warsh gave few policy clues after the Fed's July 29 meeting, where the Federal Open Market Committee voted 9-3 to hold short-term benchmark interest rates steady [yahoo.com#1][fortune.com#1]. Warsh did not say whether the Personal Consumption Expenditures price index would remain the Fed's preferred inflation measure, indicated openness to other gauges and tools besides