#FOMCMeeting
The Federal Open Market Committee (FOMC) on July 29–30, 2025, kept the federal funds rate steady at 4.25%–4.50%, marking the fifth consecutive hold, citing elevated economic uncertainty and moderated growth
washingtonpost.com
+15
wellsfargoadvisors.com
+15
federalreserve.gov
+15
. Governors Michelle Bowman and Christopher Waller dissented, advocating a 25 bp rate cut amid weakening labor market signals—a dual dissent not seen since 1993
fxstreet.com
+11
businessinsider.com
+11
reuters.com
+11
. Chair Powell emphasized that inflation remains “somewhat elevated,” but fed officials now appear open to a potential cut in September if upcoming employment and inflation data confirm a slowdown