News brief / Capital & Markets
Federal Reserve held its policy range in July
The target remained 3½–3¾ percent; three members preferred an increase.
Cite this work
OPEN VARIABLE. Federal Reserve held its policy range in July. 2026-09-07. Updated 2026-09-08. https://www.openvariable.com/latest/july-rate-decision
The decision
The Federal Reserve’s 29 July statement maintained the federal funds target range at 3½–3¾ percent. The decision passed 9–3, with the dissenting members preferring a quarter-point increase. Federal Reserve ↗
The interpretation
An unchanged policy setting can coexist with disagreement about the next step. For project research, the appropriate follow-through is to inspect the actual financing structure and conditions. This statement is not a current loan quote or a forecast of the next meeting.
Sources
- FOMC statement, July 29, 2026
Official policy decision. A policy target range, not a borrower-specific financing quotation.