Fed holds interest rates steady after cliffhanger meeting, but three officials dissent - CNN

Elisabeth Buchwald, Allison Morrow, Jeanne Sahadi, John Towfighi, David Goldman, Lucy Bayly, Matt Stiles, Byron Manley, Bryan Mena, Phil Mattingly, Samantha Delouya, Matt Egan, Ariel Edwards-Levy, Jennifer Agiesta, Edward Wu

Jul 29, 2026

Fed holds interest rates steady after cliffhanger meeting, but three officials dissent - CNN

After one of the most unpredictable meetings in years, the Fed said Wednesday it is keeping interest rates at their current elevated levels.

Kevin Warsh has been Fed chairman for less than nine weeks, as he was keen to note several times in his press conference Wednesday. In that short tenure, weve learned that hes a reticent guy. The wor… [+1780 chars]

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