Argus
•
Jul 30, 2026
Market Digest: BX, CAKE, DECK, KO, LVS, RJF, STX, RTX
Sector(s)
Financial Services, Technology, Consumer Defensive, Industrials, Consumer Cyclical
Summary
The FOMC kept the fed funds target rate at 3.5% to 3.75% on Wednesday, but there were three dissenting votes from members who pushed for a hike. The probability of a 25-basis-point hike at the September 16 meeting jumped to 63% from 56%, which doesn't seem like a big deal. But
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