EconomyUS Fed holds interest rate steady for fifth consecutive meeting

The US Federal Reserve kept its federal funds target range at 3.5% to 3.75%, as markets expected, marking a fifth consecutive meeting without a change. Three policymakers dissented in favor of a 25-basis-point hike, the first such three-way split since 2016, as inflation remained above the Fed’s 2% target.

Federal Reserveinterest ratesinflationUS economy

CCGTN★★★★☆2026-07-29 23:07Original