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Fed Holds Rate, Markets Slip; BoE Expected Hold

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Latest: Federal Reserve and Bank of England Hold Rates Amid Inflation Uncertainty

On 28 July 2026 the Federal Reserve left its target federal‑funds rate at 3.5‑3.75 % for a fifth straight meeting, with a 9‑3 vote. Chair Kevin Warsh reiterated the 2 % inflation goal and a data‑dependent stance, while t