US Fed keeps rates unchanged for 7th consecutive month

Anushka Singh, Published on Jul 30th, 2026

US Fed keeps rates unchanged for 7th consecutive month

The US Federal Reserve kept interest rates unchanged at a target range of 3.5% to 3.75% at its July policy meet for the seventh consecutive month. The decision was supported by nine out of 12 policymakers, while three voted for a quarter-percentage-point hike. Federal Reserve Chairman Kevin Warsh said the key goal is to keep inflation at a manageable level.

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