The Federal Reserve issues a FOMC statement, maintaining the target range for the federal funds rate unchanged
2026-07-30 02:10:11
According to CoinMeta, on July 29, 2026, the Federal Reserve issued a statement (identified by the code FOMC) in which it decided to maintain the federal funds rate target range between 3.5% and 3.75% in order to support the Fed's dual mandate. Despite the uncertainties brought about by conflicts in the Middle East, economic activity continues to expand steadily, with strong productivity growth and capital investment, and little change in unemployment rates. Inflation levels remain above the 2% target, partly due to supply shocks that have led to price increases in certain industries.
Source:Internet
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