Fed Holds Rates Steady, Three Dissenters Wanted a Hike

Fed Holds Rates Steady, Three Dissenters Wanted a Hike

Wed, July 29, 2026 at 9:15 PM GMT+3

The Federal Reserve voted to hold interest rates unchanged in a range of 3.5% to 3.75%, with some officials dissenting in favor of raising rates by a quarter percentage point. The vote was 9-3. Bloomberg's Michael McKee reports.