{"id":"FED","institution":"Federal Reserve","body":"Federal Open Market Committee","card_type":"rate_decision","decision":"hold","bank_rate":3.75,"bank_rate_unit":"percent","previous_bank_rate":3.75,"change_bps":0,"vote":"9-3","dissent":"Beth M. Hammack, Neel Kashkari and Lorie K. Logan preferred to raise the target range for the federal funds rate by 1/4 percentage point at this meeting","meeting_ended":"2026-07-29","published":"2026-07-29","next_decision":null,"inflation":null,"inflation_target":2,"summary":"FREE SAMPLE, older example: previous meeting (2026-07-29). The paid card is the latest decision. The FOMC 'approved the following statement for release by a 9 – 3 vote': 'The Committee decided to maintain the target range for the federal funds rate at 3-1/2 to 3-3/4 percent, in support of the Federal Reserve's dual mandate.' 'Voting against the monetary policy action were Beth M. Hammack, Neel Kashkari, and Lorie K. Logan, who preferred to raise the target range for the federal funds rate by 1/4 percentage point at this meeting.' Statement of July 29, 2026. bank_rate and previous_bank_rate show the top of the range; they are equal because the range was maintained. Not investment advice.","why_it_matters":"A hold on a 9-3 vote, with three members preferring a 1/4 percentage point increase.","source_url":"https://www.federalreserve.gov/newsevents/pressreleases/monetary20260729a.htm","generated_at":"2026-10-24T19:58:07.194Z"}