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BSCN·2026-07-29 19:31
Fed holds rates as three officials dissent for a hikeThe FOMC voted 9-3 to keep the federal funds rate at 3.5% to 3.75%, a fifth straight meeting without a move, with Hammack, Kashkari and Logan dissenting in favor of a quarter-point increase. That is the most dissents against the majority since September 2016. Kevin Warsh, in his second meeting as chair, said of the split: "I asked for a good family fight, and I got one." ...