New Overnight Developments Abroad - Daily Update
Suspense Around Today’s Fed Decision, Renewed Military Strikes in Mideast & Continuing Pressure on Semiconductors
July 29, 2026
It is thought that the Fed will most likely hold off until the next FOMC meeting in September before raising its 3.5-3.75% interest rate target, but the chance of it happening today at 18:00 GMT is not insignificant. Chairman Warsh’s press conference starts at 18:30. The U.S. claims to have repelled several Iranian missiles aimed […] More
