Record #5740
The Federal Reserve will not cut interest rates in the near term (through roughly mid-2026) despite the falling stock market
CorrectRecorded occurrence
Each quote retains its own speaker, episode, publication date, timestamp when available, and full-source link.
Occurrence 1 of 1 · source record #5740 David Pakman · Fed drops jobs bomb as real bombs continue falling
Original quoteThis is not an environment where the Fed is going to come in and cut rates to try to bail out the stock market because we have significant and deeper problems taking place here.
Jump to quote · 12:08
Exact speaking time unavailable; using the official episode publication date.
How the call settles
The FOMC leaves the federal funds target range unchanged (no cut) at its meetings through June 2026
Our reasoning
YES on the research record because The FOMC held the federal funds target range at 3.50%-3.75% at both meetings after the claim: 2026-04-29 (hold, with dissents) and 2026-06-17 (12-0 hold, the fourth consecutive hold). No rate cut occurred through June 2026.. Applied stored rule: The FOMC leaves the federal funds target range unchanged (no cut) at its meetings through June 2026.
Outcome evidence
The FOMC held the federal funds target range at 3.50%-3.75% at both meetings after the claim: 2026-04-29 (hold, with dissents) and 2026-06-17 (12-0 hold, the fourth consecutive hold). No rate cut occurred through June 2026.
Outcome date: 2026-06-17
Verdict recorded: 2026-08-09
Basis: research