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[BUSINESS] · United States · 100 sources

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Federal Reserve holds rates steady as three officials push for hike

The Federal Reserve kept its target federal‑funds rate unchanged at 3.5 %–3.75 % at the July 30, 2026 FOMC meeting. The vote was 9‑3; three members – Beth Hammack, Neel Kashkari and Lorie Logan – voted for a 0.25 percentage‑point increase.

Chair Kevin Warsh emphasized the Fed’s 2 % inflation goal and said the central bank would not waver in its commitment to price stability, while offering no forward guidance on future moves.

Market reaction was sharp: the 30‑year Treasury yield jumped to about 5.24 % – the highest level in 19 years – and the 10‑year yield rose to roughly 4.7 %. Average 30‑year mortgage rates climbed to 6.66 %, the highest in a year. US equity indexes fell, with the S&P 500 down about 1.5 %, the Dow Jones about 2.2 % and the Nasdaq around 1.7 %.

Higher oil prices linked to renewed Middle‑East tensions added to inflation concerns, reinforcing expectations that rates may stay elevated for some time.

Entities

10‑year Treasury · 30‑year Treasury · 30‑year Treasury yield · Beth Hammack · Euro Pacific Asset Management · Federal Open Market Committee · Federal Reserve · Federal Reserve Board · Kevin Warsh · Lorie Logan · M2 Money Supply · Neel Kashkari

Claims

What the coverage asserts, and how many sources carry each claim.

  • [● 2 SOURCES] The Fed’s decision will be announced on July 29 at 2 p.m. (U.S. time).
  • [● 4 SOURCES] Fed Governor Chris Waller said the Fed must be ready to tighten monetary policy if inflation persists. www.stranotizie.it
  • [● 6 SOURCES] The Federal Reserve will keep its benchmark interest rate unchanged at the 3.5%–3.75% range at the July 28‑29 meeting. cronicaeconomica.com · www.stranotizie.it
  • [○ 1 SOURCE] The Federal Reserve has a dual mandate to achieve price stability and maximum employment.
  • [● 4 SOURCES] U.S. consumer inflation eased to 3.5 % year‑on‑year in June. www.stranotizie.it
  • [○ 1 SOURCE] Benchmark oil futures breached $100 per barrel for the first time since late May.
  • [○ 1 SOURCE] Kevin Warsh has been appointed as the new chairman of the Federal Reserve by President Donald Trump.
  • [● 2 SOURCES] US inflation rose 4.1 % year‑over‑year in May according to the PCE index.
  • [● 2 SOURCES] The Fed has not raised rates since mid‑2023.
  • [● 4 SOURCES] Kevin Warsh was appointed by Donald Trump to lead the Federal Reserve. www.stranotizie.it
  • [● 2 SOURCES] The Federal Reserve will announce its interest‑rate decision on the Wednesday following a July 28‑29 meeting.
  • [● 2 SOURCES] More than one‑third of investors consider a possible rate hike.

Sources

The Fed Held. The Mortgage Market Got A Warning. [nationalmortgageprofessional.com]