Fed holds rates steady: Breaking down the decision
Yahoo Financeยท2025-07-30 20:15
No change. The Federal Reserve holding rates steady in the range of four and a quarter to four and a half percent. But two Federal Reserve governors Chris Waller and Michelle Bowman dissenting, preferring to cut rates by 25 basis points, underscoring division within this Federal Reserve over the impact of President Trump's tariffs on inflation.This is the first time in 30 years that we have seen two Federal Reserve governors descent simultaneously. Now, there were some changes to the policy statement. Notab ...