On July 29, 2026, the Federal Reserve decided to keep interest rates unchanged. However, three officials within the Fed voted in favor of increasing rates, citing ongoing concerns about inflation and rising energy prices linked to the conflict in Iran. In other news, President Trump announced a $22 billion plan to overhaul Washington Dulles International Airport. Additionally, the death toll from the recent earthquake in Japan has reached 18.
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Federal Reserve Maintains Interest Rates; Some Officials Advocate for Increase
The Federal Reserve held interest rates steady on July 29, 2026, though three officials voted for an increase due to inflation and energy price concerns. President Trump also proposed a $22 billion project for Washington Dulles International Airport, while Japan reported 18 fatalities from a recent earthquake.
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News Wrap: Federal Reserve holds interest rates steady, but some vote for increase
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Federal Reserve Maintains Interest Rates; Some Officials Advocate for Increase