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CBS News

Dow closes down over 1,000 points as Fed leaves rates unchanged

By Home - CBSNews.com
July 29, 2026 1 Min Read
Comments Off on Dow closes down over 1,000 points as Fed leaves rates unchanged
Amid energy price spikes caused by the Iran war and persistently high inflation, the Federal Reserve decided on Wednesday to hold interest rates steady for the fifth straight time. CBS News MoneyWatch correspondent Kelly O'Grady reports.
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