Fed Holds Rates Steady, Warsh's Take on the Economy
Federal Open Market Committee (FOMC) press conference · July 29, 2026
Federal Reserve Chair Warsh announced the FOMC voted 9–3 to keep the target federal funds rate at 3.50–3.75%, emphasizing the committee's commitment to a 2% inflation goal and noting stronger market-driven increases in nominal and real yields since the last meeting.
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