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The Federal Reserve kept interest rates unchanged; the yield on 10-year U.S. Treasuries plummeted; gold rose more than 1.2%; and the Nasdaq Composites turned positive.
The Federal Open Market Committee (FOMC) announced on July 29, Eastern Time, that it would keep the target range for the federal funds rate unchanged at 3.50% to 3.75%.This marks the fifth consecutive meeting since 2026 at which the Fed has kept rates unchanged. Following the announcement, the market reacted sharply: the yield on the 10-year U.S. Treasury note briefly plummeted, spot gold surged by more than 1.2%, the Nasdaqs Index turned higher, while the S&P 500 and Dow Jones Industrial Average fell.
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Source：华尔街见闻 · Source Link
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