Fed Holds Interest Rates Steady for Fifth Consecutive Meeting
UKPulse Money Desk
The US Federal Reserve has maintained interest rates at their current level for a fifth straight meeting, a move largely anticipated by markets.
- The Federal Reserve held interest rates steady for the fifth consecutive meeting.
- Three policymakers voted for an interest rate hike.
The US Federal Reserve announced today, 29 July 2026, that it has kept interest rates unchanged for the fifth meeting in a row. This decision was mostly in line with expectations.
Despite the overall decision to hold rates steady, three policymakers reportedly voted in favour of an interest rate increase.