Your Money This Week (7/31/2026): Fed Holds Rates, Yields Rise, and the Market Broadens Beyond AI [MXgKSZKzLRO]
The Fed held interest rates unchanged this week, but the story beneath the headline was more complicated. Markets had priced in only about a 30% chance of a rate hike, yet three Fed voters favored raising rates — a rare level of dissent that highlights how unsettled the inflation picture remains. In this episode of Your Money This Week, we discuss why markets are still expecting rate hikes later this year and in early 2027, what the 10-year Treasury yield hitting 4.7% may be signaling, and why inflation, oil prices, tariffs, and a resilient economy are making the Fed’s job more difficult. We also look at the recent strength in the Equal Weight S&P 500, which hit another all-time high and is outperforming the traditional S&P 500 year to date. While AI continues to dominate the market conversation, broader market leadership may be emerging as more overlooked stocks begin to perform better. Topics covered: - Fed keeps interest rates unchanged - Markets still expect future rate hikes - 10-year Treasury yield reaches 4.7% - Inflation, oil prices, and tariffs remain key risks - U.S. economic growth and consumer spending - Equal Weight S&P 500 outperformance - AI winners, losers, and market concentration - Why market breadth matters for investors Subscribe for weekly market updates, investing insights, and financial planning perspective from The Boston Advisor.