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A divided Fed holds interest rates steady despite stubborn inflation The Washington PostAnalysis: Fed Chairman Warsh's credibility in question after leaving interest rates unchanged CNBCTranscript: Fed holds rates as inflation fears grow Financial Times
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Wall Street closes down sharply after Fed holds rates unchanged ReutersDow drops 1,100 points for worst day since April 2025 on fear the Fed is falling behind on inflation: Live updates CNBCU.S. Stocks Slide After Fed Pause, Escalation in Iran War WSJStock market today: Dow plunges by 1,100 points, S&P 500 and Nasdaq sink as yields rise on Fed's hawkish hold Yahoo Finance
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Microsoft Profit Jumps 31% as Azure Cloud Sales Surpass $100 Billion wsj.comMicrosoft jumps 8% as it boosts capital spending plans, citing demand CNBCMicrosoft Increases Spending on A.I. as Profit Jumps 31% nytimes.comMicrosoft's Cloud Accelerates to Fastest Growth Since 2022 Bloomberg.comM
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Friday's meeting on interest rates will be closely watched for signs of future policy decisions
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Prospects who could be dealt by the Trade Deadline -- one for each team MLB.comMLB trade deadline 2026: Teams desperate to make a move espn.comTrade rumors: Miller, Skubal, Marlins, O's, Twins, Rays, Peralta MLB.comMLB Trade Deadline Predictions For Skubal And Other Top Targets FOX Sports
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The surge in Treasury yields suggests investors doubt that the Federal Reserve can keep inflation contained.
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Warsh-led Fed leaves rates on hold and a bond market scratching its head ReutersFed holds interest rates steady, but 3 officials dissent in favor of a hike Yahoo FinanceHere's what changed in the second Fed statement under Warsh CNBC
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Fed holds interest rates steady after cliffhanger meeting, but three officials dissent CNNDivided Fed holds interest rates steady, but three members voted to hike CNBCWarsh Spins a Good Yarn on Bringing Down Inflation, But Markets Aren't Buying It Barron'sWall Street is panicking over Kevin Warsh's patience Fortune4 Takeaways From the Federal Re
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Stock Market Today: Dow ends 1,150 points lower, S&P 500 and Nasdaq plunge after Fed's Warsh keep rates unchanged; oil higher as Iran conflict intensifies MarketWatchDow drops 1,100 points for worst day since April 2025 on fear the Fed is falling behind on inflation: Live updates CNBCDow Posts Its Worst Day Of The Year After Federal Reserve Maintains Interest Rates ForbesStock Market News, July 29, 2026: Stocks Slide as Investors Worry About Fed's Next Steps wsj.com
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Despite increasing support for a rate increase, the Federal Open Market Committee voted 9-3 to leave the federal funds rate in a range between 3.5% and 3.75%.
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Fed officials held interest rates steady, but they have splintered over how to fight inflation.
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Market pricing took virtually any chance of a cut off the table between now and the end of 2027.
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