US Fed votes 9-3 against hike in 'sloppy hold'

Fifth consecutive hold

clock • 3 min read

The US Federal Reserve held rates at their current levels of 3.50%-3.75% on Wednesday (30 July) for the fifth consecutive time in a notably divided vote, which left investment strategists somewhat nonplussed.

To continue reading this article...

Join Investment Week today

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Economics

ECB holds interest rates steady at 2.5% after Lagarde resigns as president

ECB holds interest rates steady at 2.5% after Lagarde resigns as president

Market reaction muted

Michael Nelson
clock 29 October 2026 • 3 min read
Partner Insight: U.K. Budget - Breathing Space, for Now

Partner Insight: U.K. Budget - Breathing Space, for Now

The Budget bought the government some time, but questions remain over borrowing, spending pressures, and the credibility of its deficit-reduction plans.

PIMCO
clock 29 October 2026 • 5 min read
Budget 26: Industry gives lukewarm reaction amid investor fears 'there will be nothing left to tax'

Budget 26: Industry gives lukewarm reaction amid investor fears 'there will be nothing left to tax'

'This was a do-no-harm budget'

clock 28 October 2026 • 3 min read
Trustpilot