Here’s your #FOMCMeeting update for today (July 30, 2025) wi
Monnie Brunt OkvK
Updated at: a day ago
{"content":"Here’s your #FOMCMeeting update for today (July 30, 2025) with picture:
📍 Key Takeaways from the FOMC Decision
The Federal Reserve held the federal funds rate steady at 4.25%–4.50% for the fifth consecutive meeting, citing stable growth and persistent inflation above target.
Amid mounting political pressure from former President Trump—who advocated for sweeping rate cuts down to 1%—the Fed opted for caution. Only two Trump-appointed governors, Christopher Waller and Michelle Bowman, publicly supported even a modest rate cut and may issue dissenting votes.
Chair Jerome Powell is expected to avoid making firm commitments, maintaining flexibility and signaling that future action—possibly rate cuts in September or October—depends on incoming economic data.
Economic data shows mixed signals: inflation remains elevated above 2%, while private-sector hiring is slowing (following state/local adjustments), prompting differing views among FOMC members on whether a rate cut is needed soon.
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