Interest rates stories

Jul 28, 2026

Federal Reserve holds rates at 3.50%-3.75% as three officials dissent for hike

The Federal Reserve kept its benchmark rate unchanged at 3.50%-3.75% on July 29, but three policymakers voted for a 25-basis-point hike—the first three-member dissent since 2016. Markets had priced in roughly 35% odds of a surprise hike.

Jul 28, 2026·9 sources

Apr 30, 2026

Federal Reserve Holds Interest Rates Steady in Split 8-4 Vote at Powell's Final Meeting as Chair

The Federal Reserve maintained interest rates unchanged in what is expected to be Jerome Powell's final FOMC meeting as chairman, with a split 8-4 vote creating uncertainty around future policy. Kevin Warsh cleared Senate Banking Committee approval to become the next Fed chair.

Apr 30, 2026·5 sources

Top claims

▪The Fed's next release of its "dot plot," which shows policymakers' rate expectations, is also scheduled for September 2026.
▪The dissenters were Cleveland's Beth Hammack, Minneapolis's Neel Kashkari, and Dallas's Lorie Logan, who all favored a 25-basis-point increase.
▪Spot Bitcoin ETFs recorded four consecutive days of net outflows totaling $527 million around the time of the decision.

Subtopics

Federal Reserve policy U.S. economic policy Federal Reserve Monetary policy Jerome Powell

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Federal Reserve holds rates at 3.50%-3.75% as three officials dissent for hike

Federal Reserve Holds Interest Rates Steady in Split 8-4 Vote at Powell's Final Meeting as Chair

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