The FOMC voted 9-3 on July 29 to keep the federal funds rate at 3.5% to 3.75%, its fifth straight meeting without a change, with Beth Hammack, Neel Kashkari, and Lorie Logan all pushing for a hike instead. Bitcoin ETFs snapped a four-day outflow run the same session, led by BlackRock's IBIT, though the funds remain roughly $4.8 billion in the red for 2026. The coincidence in timing has traders debating whether the two are actually linked or just happened to land together.
July 31, 2026
The Fed Held Again, and Three Regional Presidents Broke Ranks
Original reporting: Coin Gabbar ↗