How many dissent at the July Fed meeting?1
ResolvedOutcome: No$5Kas of
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The decision to hold interest rates steady points to Kevin Warsh's growing indirect influence on the Federal Open Market Committee, despite a significant faction, including three dissenting members, according to Bloomberg. Whether this means rates will remain unchanged for the rest of the year, or whether the difficult decision has been postponed until September, will depend on inflation and jobs data in the coming period. Three Federal Reserve members voted against holding rates steady: Beth Hammack, president of the Cleveland Fed; Neel Kashkari, president of the Minneapolis Fed; and Lori Logan, president of the Dallas Fed. They preferred a quarter-point rate hike instead. #Arabic_Business
Fed leaves rates unchanged as 3 policymakers dissent in favor of hike
The Federal Reserve kept interest rates unchanged, with three dissenting votes highlighting growing internal divisions.
Live: Taken on its own, today’s decision could be what Fed-watchers call a “hawkish hold” — policymakers left rates unchanged, but the three dissents could signal rate increases are likely before long. But because Warsh is still so new, and because he has said so little about his approach to policy, we don’t yet know how to interpret these signals.
Live: There haven’t been more than two dissents in the same direction since September 21, 2016. Back then, three Fed officials also voted to raise rates, while the committee held them steady. Wednesday's dissent by Lorie Logan and Beth Hammack were expected, but Neel Kashkari of the Minneapolis Fed is something of a surprise, as his recent statements had expressed support for an extended hold.
Fed holds rates steady as 3 policymakers dissent in favor of hike
The three dissents are as expected: Dallas Fed President Lorie Logan, Cleveland’s Beth Hammack and Minneapolis Fed chief Neel Kashkari dissented in favor of raising rates by a quarter percentage point.
Voting against the monetary policy action were Beth M. Hammack, Neel Kashkari, and Lorie K. Logan, who preferred to raise the target range for the federal funds rate by 1/4 percentage point at this meeting.
3 Fed members voted to raise rates
US FED - FOMC holds rates steady, but three hawkish dissents
The FOMC held rates steady, and the vote was 9-3. • • Three bank presidents dissented in favor of a quarter-point rate increase. • • It was the first time since 2016 that there were three dissents in the same direction over a policy change.
FED HOLDS, THREE OFFICIALS PUSH FOR HIKE • • The Federal Reserve kept rates unchanged at 3.50%–3.75% in a 9–3 vote. • • Hammack, Kashkari and Logan dissented, preferring a 25-basis-point hike. • • The policy statement was largely unchanged from June, but the split signals growing internal pressure for tighter monetary policy.
FED HOLDS RATES AT 3.50-3.75%, THREE DISSENT IN FAVOR OF A HIKE • • The vote was 9-3, with Cleveland's Hammack, Minneapolis' Kashkari and Dallas' Logan dissenting in favor of a 25 bps increase. The statement says inflation remains elevated relative to the 2% goal, partly reflecting supply shocks in sectors including energy, while activity is expanding at a solid pace and job gains have kept pace with the workforce. • • The prior meeting's hold was unanimous.
The FOMC held rates steady, and the vote was 9-3. • • Three bank presidents dissented in favor of a quarter-point rate increase. • • It was the first time since 2016 that there were three dissents in the same direction over a policy change.
NONews92%match73¢+37%
FOMC statement: 9 members voted in favor of the decision, 3 against.
On the July Fed meeting: "I can make a good case for either raising rates or not... They're just kind of stuck." • • Cooler inflation took the urgency out of a July hike, before Iran reignited. The hawks have a conviction right now that those inclined to wait may lack. Warsh hasn't tipped his hand (as of last week, even to some of his own colleagues). Why next week's meeting is shaping up as one of the most uncertain in quite a while.
Where does the news lean?
1YES16NO2neutraltrailing 24h
Average match confidence across the listed signals: 93%.
How did this market resolve?
The July Federal Open Market Committee (FOMC) meeting is scheduled for July 28-29, 2026. The policy decision will be announced at 2:00 PM Eastern Time on July 29, followed by the Fed Chair’s press conference at around 2:30 PM ET.
This market will resolve according to the number of dissenting votes recorded at the July Federal Open Market Committee monetary policy meeting, specifically those dissenting on the Fed Funds Rate decision.
The resolution source for this market is the FOMC’s statement after its meeting scheduled for July 28-29, 2026, according to the official calendar: https://www.federalreserve.gov/monetarypolicy/fomccalendars.htm.
This market may resolve as soon as the FOMC’s statement for their July meeting with relevant data is issued; however, a consensus of credible reporting will also be used.
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