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The surge in Treasury yields suggests investors doubt that the Federal Reserve can keep inflation contained.
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Fed holds interest rates steady after cliffhanger meeting, but three officials dissent CNNDivided Fed holds interest rates steady, but three members voted to hike CNBCWarsh Spins a Good Yarn on Bringing Down Inflation, But Markets Aren't Buying It Barron'sWall Street is panicking over Kevin Warsh's patience Fortune4 Takeaways From the Federal Re
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Stock Market Today: Dow ends 1,150 points lower, S&P 500 and Nasdaq plunge after Fed's Warsh keep rates unchanged; oil higher as Iran conflict intensifies MarketWatchDow drops 1,100 points for worst day since April 2025 on fear the Fed is falling behind on inflation: Live updates CNBCDow Posts Its Worst Day Of The Year After Federal Reserve Maintains Interest Rates ForbesStock Market News, July 29, 2026: Stocks Slide as Investors Worry About Fed's Next Steps wsj.com
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Despite increasing support for a rate increase, the Federal Open Market Committee voted 9-3 to leave the federal funds rate in a range between 3.5% and 3.75%.
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Fed officials held interest rates steady, but they have splintered over how to fight inflation.
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