Warsh Fed's First Rate Decision Lands July 29; Dissents Could Drive Markets

The Federal Reserve's July 28–29 FOMC meeting delivers its rate decision July 29 at 2:00 p.m. ET, with a press conference at 2:30 p.m. ET. It's the first decision day under Chair Kevin Warsh. The federal funds rate sits at 3.50–3.75%. The WSJ reports investor reaction could hinge on whether Fed officials dissent — a signal of internal cohesion or fracture under new leadership.