Key Takeaways Kalshi puts Fed hold odds at 73% ahead of the July 29 FOMC decision. Citadel Securities’ Frank Flight bets on a surprise 25 bps hike, breaking from Wall Street consensus. Trump called Warsh fantastic on July 27 while pushing the Fed for lower rates. The Federal Open Market Committee (FOMC) meets July 28 and 29, with a rate announcement due Wednesday afternoon. The current target range sits at 3.50% to 3.75%, unchanged since the June meeting, Warsh’s first as chair. CME Group’s Fedwatch tool, which derives odds from 30-day Fed Funds futures prices, puts the chance of a …


