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Economy

Fed Holds Rates at 3.75%, But Three Members Voted to Hike (UPDATED)

Jul 29, 2026 · 02:44 PM ET· updated 3h ago
Fed Holds Rates at 3.75%, But Three Members Voted to Hike (UPDATED)

The Federal Reserve held rates steady, but three dissents exposed a rare policy split. Markets now see an 80% chance of a September rate hike.

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Why It Matters

The Federal Reserve kept interest rates the same, but some members wanted to raise them—showing the group doesn't fully agree on what to do next. When a group of leaders disagrees, it can make markets more uncertain about what comes after.

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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.

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