Fed Rate Decision Split Sinks Brazil Stocks, Dollar Eases

Markets · Global Economy Key Facts —Fed Funds Target Held at 3.50%-3.75% by a 9-3 vote on July 29, 2026, the fifth consecutive hold. —Dissenting Votes Cleveland Fed President Beth Hammack, Minneapolis Fed President Neel Kashkari, and Dallas Fed President Lorie Logan favored a 25-basis-point hike. —Historic Dissent First time since September 2016 that three…