The Hidden Agenda Behind the Fed’s July Decision While most Americans were distracted by headlines and partisan noise, the Federal Reserve's Federal Open Market Committee (FOMC) held one of its most telling meetings yet. They voted 9-2 to not cut interest rates—again—marking the fifth consecutive meeting where rates were frozen at a painful 4.25% to 4.5%. The kicker? They had the data showing the job market was in trouble. July’s numbers were dismal—just 73,000 jobs added, far below projections. And let’s not forget the brutal downward revisions from May and June: a combined loss of 258,000 jobs that magically disappeared after the fact. Yet despite all this, Fed governors like Michelle Bowman and Christopher Waller—who dared to push for a…
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