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FrontRow · Jul 29, 2026

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The Federal Reserve voted 9-3 to hold its key interest rate steady in a range between 3.5% and 3.75%.Three regional presidents - Beth Hammack of Cleveland, Neel Kashkari of Minneapolis and Lorie Logan of Dallas – dissented as inflation has remained above the Fed’s 2% target for more than five years.Chairman Kevin Warsh has argued for giving the markets fewer signals about the central bank’s next move.

The Federal Reserve voted 9-3 to hold its key interest rate steady in a range between 3.5% and 3.75%.Three regional presidents - Beth Hammack of Cleveland, Neel Kashkari of Minneapolis and Lorie Logan of Dallas – dissented as inflation has remained above the Fed’s 2% target for more than five years.Chairman Kevin Warsh has argued for giving the markets fewer signals about the central bank’s next move.

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