Event Brief
Fed holds interest rates steady as some back hike
Filed: Jul 29, 2026 at 4:00 PM ET
Summary: The Federal Reserve kept its key interest rate unchanged despite high inflation and higher energy prices.
WHO: Federal Reserve
WHAT: Held its key interest rate steady while three policymakers backed a rate hike
WHEN: Jul 29, 2026 at 3:49 PM ET
WHERE: USA
WHY: Persistently high inflation and an Iran war-driven surge in energy prices
ℹ️ This event is analyzed using pattern arcs, velocity indicators, and source analysis in our MI Console.
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