The Federal Reserve left rates unchanged for a fifth consecutive meeting, but dissent grew: Logan, Hamak and Kashkari voted against the decision, each favoring a 25bp hike. The committee’s post-meeting statement was otherwise identical to June and re

2026-07-30

The Federal Reserve left rates unchanged for a fifth consecutive meeting, but dissent grew: Logan, Hamak and Kashkari voted against the decision, each favoring a 25bp hike. The committee’s post-meeting statement was otherwise identical to June and reiterated its commitment to achieving price stability. The dissents increase the challenge for new Fed chair Kevin Warsh to remain on hold if inflation concerns intensify. President Trump has repeatedly called for rate cuts, including on Monday; Warsh, nominated by Trump earlier this year, said he would insulate policy decisions from political influence.

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2026-07-30

Mitsubishi UFJ: If the Fed holds rates with a hawkish tilt, US Treasury yields and the dollar should be supported. COMMERZBANK: Cut year-end gold and silver forecasts to $4,500/oz and $67/oz, citing persistent inflation that keeps the Fed biased to t

2026-07-29

Yemen's Houthi movement said early today it shot down a Saudi reconnaissance drone over Saada province. Houthi military spokesman Yahya Saree said the "Karayel" model drone was struck while carrying out hostile action in Saada airspace and said the g