Reply To: Cautious Investor — Market Weekly

29 Jul '26 at 12:08 pm #98414
Helmholtz Watson
Participant

FOMC held rates steady as largely expected
Vote was 9-3 with 3 bank presidents dissenting in favor of a quarter-point rate increase.
First time since 2016 that there were three dissents in the same direction over a policy change.
Dissenters were Hammack, Kashkari And Logan all in favor of a 25bp hike