FOMC Introductory Statement, July 29, 2026
Federal Open Market Committee (FOMC) · July 29, 2026
Chair opened the FOMC press remarks announcing a 9–3 vote to hold the federal funds target at 3.5–3.75%, reiterated the Fed’s 2% inflation objective, noted materially higher Treasury yields since the last meeting, and highlighted a surge in business investment and AI-related CapEx.
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