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Bloomberg

Dollar Drops to Lowest in Nearly a Week as Fed Holds Steady

Wednesday, July 29, 2026


The Federal Reserve held its benchmark interest rate steady at its most recent meeting. The U.S. dollar declined to its lowest level in nearly a week following the announcement. Several Fed officials voted in favor of raising rates, according to the meeting's record.

Original reporting: https://www.bloomberg.com/news/articles/2026-07-29/dollar-drops-to-lowest-in-nearly-a-week-as-fed-holds-steady

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