The July 28-29 2026 FOMC held the federal funds target range at 3.50-3.75% on a 9-3 vote, with three officials dissenting in favour of a HIKE on inflation concerns - Logan arguing modestly higher rates would be needed and Hammack citing persistent price pressure on households. The first committee-level hawkish split of the Warsh regime.
Provenance — node opacity = source trust
- Evidence Strength
Strong- Evidence Observed At
- Jul 29, 2026 · 6:00 PM UTC
- Citation
- https://www.federalreserve.gov/newsevents/pressreleases/monetary20260729a.htm
- Citation Source
fed-press- Central Bank
Federal Open Market Committee- Meeting Date
- Jul 29, 2026