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29 Jul 2026 · 21:08 GMT+3
15

The US Dollar Index discovers that a vote record is not a reaction function

The Federal Reserve held its target range at 3.50% to 3.75% at 18:00 GMT on a 9-3 vote, with three voting members preferring an immediate quarter-point increase. Previews had that configuration as the hawkish tail, the outcome that would bid the Dollar and punish risk assets.

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