The Federal Reserve has released the minutes from the Federal Open Market Committee (FOMC) meeting held on July 29–30, 2025. The document provides a summary of economic and financial conditions as assessed by the Committee during that period.

According to standard procedure, the minutes for each regularly scheduled FOMC meeting are published about three weeks after the policy decision. The information contained in these minutes reflects only what was available to the Committee at the time of its meeting.

The full text of the minutes is accessible on the Board’s website.

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