Wednesday’s Mini-Report, 7.29.26

Today’s edition of quick hits. * In the Middle East: “Jordan’s air defenses intercepted five missiles launched from Iran early Wednesday, the country’s military said, hours after the U.S. military said it had knocked down an Iranian missile barrage launched against American forces in the Middle East, shattering a brief pause in fighting.” * At the Fed: “The Federal Reserve on Wednesday voted to hold its key interest rate steady but not without opposition from three officials who have expressed concern over inflation and wanted to hike. Despite increasing support among some officials 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%.” * All eyes on Cornyn: “Sen. John Cornyn, R-Texas, has yet to decide whether h