@cspanofficial: The Federal Reserve held interest rates steady on Wednesday amid growing pressure to take a firmer approach to bringing inflation back to the central bank's longstanding 2% target. The move leaves the target range for the federal funds rate at 3.5% to 3.75%, where it has been since December following three consecutive rate cuts. The Federal Open Market Committee (FOMC) vote was 9–3, with the three dissenters, all regional bank presidents, favoring a 25-basis-point rate hike to address inflation, which has now run above the central bank's target for more than five years. The meeting, the second led by new Federal Reserve Chair Kevin Warsh, marked the first time since September 2016 that three policymakers dissented with the same view of where rates should be. The outcome of the vote was uncertain heading into the two-day policy meeting, with investors giving it roughly a one-in-three chance of a 25-basis-point rate hike. In a press conference, Mr. Warsh said the economy has shown "impressive resilience," citing economic growth, job gains and a stable unemployment rate, but reiterated that the committee remained focused on restoring price stability. "For some households, businesses and market professionals, five years of high inflation have left a mistaken impression that's hard to shake that the Fed's implicit inflation target was somehow above 2%," he said. "Let me reiterate: there is no soft inflation target. There is no soft implicit target, not on this committee's watch. There's only a target, and it's 2%." #fed #kevinwarsh #federalreserve #cspan
C-SPAN
Region: US
Wednesday 29 July 2026 20:03:36 GMT
Music
Download
Comments
Kelly :
lies lies lies. I'm moving my $$ to under my mattress
2026-07-30 00:10:40
0
Juan Ruiz35799 :
here you go lying to the American people it's okay cuz they believe anything
2026-07-29 23:30:37
1
villa.cedar0 :
I wonder he will eat those words back…
2026-07-29 23:00:31
2
𝓜𝓪𝓻𝓲𝓼𝓼🌷 :
Ladies, trust me on this one. The Face You Forgot Was Yours by Nora Farrow is one of those books that stays with you long after you finish it.
2026-07-29 20:36:34
3
Classicbubble76 :
Meanwhile, I can’t sell my damn house. And of course the unemployment rate is down! CAN’T NOBODY AFFORD TO QUIT!!!😫
2026-07-29 22:36:57
3
Truth is here :
If you need help, ask the mayor of New York. He has a lot of good idea for American citizen
2026-07-29 20:41:34
10
Big Blue :
Bidenflation is crushing us.
2026-07-29 20:27:46
4
Cozy ASMR Apparel Shop :
This is such a lie lmao
2026-07-29 21:11:48
4
Nova :
C-SPAN? Not funny if rates stay high
2026-07-29 20:08:18
73
lorenzomurillo528 :
You guys are taking so long
2026-07-29 23:26:05
0
adam_8675309 :
And there is no war in Ba Sing Se 😂
2026-07-29 22:40:53
2
Wildflower :
No one believes this administration
2026-07-29 20:58:31
7
user35859795492 :
Who gave this guy a hundred million dollars.That's what we need to find out.
2026-07-29 21:54:27
2
tacticalrenegade :
the economy is in the shitter
2026-07-29 21:01:49
5
dafydd.norton0916 :
what is LIBOR rate vs US Feds ?
2026-07-29 20:38:41
2
waynerichards626 :
the work force that trump has dismantled 💯🤔🤣🤣🤣 all lies
2026-07-29 20:41:02
2
kellanmcnally :
$100 million
2026-07-29 20:37:16
2
Taco Stand :
Thought he was going to lower it!
2026-07-29 20:25:07
5
villa.cedar0 :
Dude, who are you talking about too… you are underestimating us..!!!!!
2026-07-29 22:59:50
2
Solorio Zamudio01 :
IS A PUNISH FOR YEARS WITHOUT CUMPLITE THE LAWS AND TOO IS A PORCENT FOR TRILLIONS WON SEE ME HOW A FIGURE OF PUBLICITY IN ALL WORLD IS JUST A LlTLE AMOUNT OF 60,000.000.000.000 BILLIONS..
2026-07-29 20:12:05
0
user302710926843 :
Its never going to go down, who is this enriching?
2026-07-29 20:12:18
2
Blue sky🧢 :
2026-07-29 22:23:50
1
🦋🦋 Victoria 🦋🦋 :
2026-07-29 21:24:27
0
Solorio Zamudio01 :
65,000.000.000.000 BILLIONS please RAIGHT NOw ..
2026-07-29 22:24:31
0
giu :
My therapist told me to read The Face You Forgot Was Yours by Nora Farrow and it literally shifted something in me I didn't know was stuck. Best decision I've made in a long time.
2026-07-29 20:36:35
2
To see more videos from user @cspanofficial, please go to the Tikwm
homepage.