{
  "data": {
    "id": "federal-reserve-2026-07-29",
    "bank": "federal-reserve",
    "bankName": "Federal Reserve (Federal Open Market Committee)",
    "country": "US",
    "date": "2026-07-29",
    "announceAt": "2026-07-29T18:00:00Z",
    "timezone": "America/New_York",
    "dateStatus": "published",
    "movedFrom": null,
    "rateBefore": 3.75,
    "step": 0.25,
    "calendarSource": "https://www.federalreserve.gov/monetarypolicy/fomccalendars.htm",
    "citation": "FOMC calendar: July 28-29 meeting; 2 p.m. Eastern per the 2025-2026 schedule release. Statement header: \"For release at 2:00 p.m. EDT\" (UTC-4); RSS pubDate 18:00 GMT.",
    "settleSource": {
      "role": "decision-statement",
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      "example": "https://www.federalreserve.gov/newsevents/pressreleases/monetary20260916a.htm",
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      "reads": {
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        "wrong": 0,
        "void": 0
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    },
    "observed": {
      "at": "2026-07-29T18:00:00Z",
      "rateBefore": 3.75,
      "rateAfter": 3.75,
      "direction": "hold",
      "statement": "https://www.federalreserve.gov/newsevents/pressreleases/monetary20260729a.htm",
      "observed": true
    },
    "page": "https://macroindex.org/bank/federal-reserve/decision/2026-07-29",
    "account": {
      "summary": "The Federal Open Market Committee kept the target range for the federal funds rate at 3-1/2 to 3-3/4 percent.",
      "vote": "9–3",
      "dissent": "Beth M. Hammack, Neel Kashkari and Lorie K. Logan voted against, preferring to raise the target range by 1/4 percentage point.",
      "reasons": [
        "The Committee said economic activity was expanding at a solid pace despite elevated uncertainty owing in part to the conflict in the Middle East.",
        "It said job gains had kept pace with the workforce and the unemployment rate had changed little.",
        "It said inflation remained elevated relative to its 2 percent goal, in part reflecting supply shocks that had driven up prices in sectors including energy."
      ],
      "quote": "Inflation remains elevated relative to the Committee's 2 percent goal, in part reflecting supply shocks that have driven price increases in certain sectors, including energy.",
      "links": [
        {
          "label": "Minutes",
          "url": "https://www.federalreserve.gov/monetarypolicy/fomcminutes20260729.htm"
        },
        {
          "label": "Press conference",
          "url": "https://www.federalreserve.gov/monetarypolicy/fomcpresconf20260729.htm"
        }
      ],
      "readFrom": [
        "https://www.federalreserve.gov/newsevents/pressreleases/monetary20260729a.htm"
      ],
      "at": "2026-10-10"
    }
  },
  "meta": {
    "dataset_version": "2026-10-10.30752eb2",
    "built_at": "2026-10-10T18:04:32Z",
    "generated_at": "2026-10-10T21:48:33.339Z",
    "licence": "CC BY 4.0: credit \"Macro Index\" and link to the site",
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}