Fed Leaves Rates Unchanged 5th Time in Row Amid Inflation
7/29 1:04 PM
Fed Leaves Rates Unchanged 5th Time in Row Amid Inflation
SECAUCUS, NJ (DTN) -- The Federal Reserve said Wednesday (7/29) it left U.S.
interest rates unchanged at 3.50-3.75% following a two-day meeting as
policymakers continued to assess the impact of the Middle East conflict on
rising U.S. inflationary pressures.
Wednesday's decision marks the fifth consecutive rate hold for the central
bank since the start of 2026, and the second under Chair Kevin Warsh, who
succeeded Jerome Powell in May.
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