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CBS News

Inside the Fed decision to hold interest rates steady as 3 members vote for rate hike

By Home - CBSNews.com
July 29, 2026 1 Min Read
Comments Off on Inside the Fed decision to hold interest rates steady as 3 members vote for rate hike
The Federal Reserve on Wednesday left its benchmark interest rate unchanged, but the decision was not unanimous: three members voted to raise rates by a quarter of a percentage point. CBS News MoneyWatch correspondent Kelly O'Grady joins with analysis.
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