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30 Jul 2026 · 01:47 GMT+3
13

A Fed hold, a Warsh non-answer, and one day of cover for the Japanese Yen

The Federal Reserve (Fed) held its target range at 3.50% to 3.75% for a fifth consecutive meeting at 18:00 GMT, and the pair did what a market short the Yen against a 1.00% policy rate does when a hike it partly paid for fails to arrive.

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