FOMC Press Conference, July 29, 2026
Federal Reserve System · July 29, 2026
The Federal Reserve held the federal funds target range at 3.50–3.75% in a 9–3 vote; the chairman emphasized the committee's commitment to achieving a 2% inflation goal, noted materially higher nominal and real Treasury yields since the last meeting, highlighted a surge in business CapEx (notably AI-related investment), and announced task forces to revisit data and policy tools.
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