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EN590 Commodities GroupMarket Analysis 2026-07-30T16:33:00+00:00
TheFederal Reserve's July policymaking meeting ended with no interest-rate hikes nor forward guidance but with a boatload of Fed speak and word salad. Kevin Warshinsisted the Fed will still be able to lowerinflationto its 2% target — a measure it has missed for five years — but didn't say how. He also wants U.S. households, businesses and investors to continueto be patient with the central bank. Meanwhile, markets stumbled after the Federal Open Market Committee voted 9-3 to hold benchmark short-term interest rates steady on July 29. The 30-year Treasuryyieldhit 5.2% and the Dow closed down 1,153.18 points (or -2.19%) signalingWall Street's concern that the new Fed chair's approach won't be able to beat back inflation much longer thus leading to even higher rate hikes. Cetera Financial Gro
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