Federal Reserve meeting —
At its 29 July 2026 meeting, the Federal Reserve held its policy rate at 3.50–3.75%. The decision passed 9-3. 3 members dissented.
Decision
hold — 3.50–3.75% to 3.50–3.75%
Vote: 9-3
Dissenters
- Beth Hammack — preferred hike
- Neel Kashkari — preferred hike
- Lorie Logan — preferred hike
Key passages
The Federal Open Market Committee approved the following statement for release by a 9 – 3 vote:
The Committee decided to maintain the target range for the federal funds rate at 3-1/2 to 3-3/4 percent
Meeting documents
Background reading
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