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Economics2h 36m ago

The Federal Reserve held the benchmark interest rate steady on Wednesday, with policymakers expecting a hike in borrowing costs later this year due to concerns about inflation.

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WASHINGTON

Who
The Federal Reserve, Kevin Warsh, Donald Trump, Jerome Powell
What
The Federal Reserve held the benchmark interest rate steady on Wednesday, with policymakers expecting a hike in borrowing costs later this year due to concerns about inflation.
When
Wed, 17 Jun 2026 18:25:06 GMT · 2h 36m ago
Where
WASHINGTON ·
Why
Policymakers expect a hike in borrowing costs later this year amid growing concerns about inflation lodged above the U.S. central bank's 2% target.
The Frontline Impact

How this affects you

The Federal Reserve's decision to hold interest rates steady but signal a potential hike later this year, influenced by new Chairman Kevin Warsh, suggests a shift in monetary policy aimed at addressing persistent inflation, with potential implications for global borrowing costs and economic growth.

Story chain

25 events in this thread
  1. Economics2h 20m ago
    The Federal Reserve held US interest rates between 3.5% and 3.75% after Kevin Warsh's first meeting in charge of the central bank.
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  2. Economics2h 28m ago
    The Federal Reserve held interest rates steady on Wednesday, but policymakers expect a hike in borrowing costs later this year amid growing concerns about inflation lodged above the U.S. central bank's 2% target.
    Open article
  3. Economics2h 28m ago
    The US Federal Reserve has held the benchmark interest rate steady and policy makers expect a hike in borrowing costs later this year amid growing concerns about inflation lodged above the United States central bank's two per cent target.
    Open article
  4. Currently Reading2h 36m ago
    The Federal Reserve held the benchmark interest rate steady on Wednesday, with policymakers expecting a hike in borrowing costs later this year due to concerns about inflation.
  5. Economics2h 45m ago
    The Federal Reserve on Wednesday held interest rates steady for the fourth consecutive meeting.
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  6. Economics2h 50m ago
    The Federal Reserve held interest rates steady on Wednesday as the economy weathers its highest inflation in three years.
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  7. Economics3h 19m ago
    A Fed rate pause could keep savings, mortgage, loan, and credit card costs steady.
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  8. Economics4h 49m ago
    The Fed's interest rate decision is scheduled for 2pm EST, followed by Chair Kevin Warsh’s first official press conference at 2:30pm EST.
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  9. Economics4h 49m ago
    The Fed’s interest rate decision is due at 2pm EST, followed by Chair Kevin Warsh’s first official press conference at 2:30pm EST on Wednesday (June 17).
    Open article
  10. Economics4h 49m ago
    Most experts expect the Federal Reserve to keep interest rates unchanged at 3.5% to 3.75%, according to USA Today.
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  11. Economics4h 49m ago
    The Federal Reserve's interest rate decision is expected to keep rates unchanged at 3.5% to 3.75%, following three months of job growth but also rising inflation.
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  12. Economics6h 57m ago
    The Fed is likely to keep its key rate unchanged Wednesday at about 3.6% for the fourth straight meeting, economists say.
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  13. Economics7h 1m ago
    The US Federal Reserve is expected to hold interest rates steady today at Kevin Warsh's first meeting in charge of the central bank.
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  14. Economics7h 3m ago
    Federal Reserve Chair Kevin Warsh is heading the central bank's two-day policy meeting, concluding this afternoon, with investors looking beyond the interest-rate decision itself for clues about how he plans to reshape the central bank.
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  15. Economics7h 5m ago
    The Federal Reserve will enter the Kevin Warsh era Wednesday, as President Trump’s pick to lead the central bank oversees his first policy meeting.
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  16. Economics9h 27m ago
    The US central bank is expected to hold the federal funds target steady at a range of 3.50% to 3.75%.
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  17. Economics9h 27m ago
    The Federal Reserve is slated to announce the outcome of its two-day meeting later today, 17 June, with expectations to hold the federal funds target steady at 3.50% to 3.75%.
    Open article
  18. Economics9h 27m ago
    The Federal Reserve is slated to announce the outcome of its two-day meeting later today, 17 June.
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  19. Economics9h 57m ago
    The Federal Reserve is widely expected to leave interest rates unchanged today, with the focus shifting to new Chairman Kevin Warsh's approach to monetary policy.
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  20. Economics9h 57m ago
    The Federal Reserve is widely expected to leave interest rates unchanged today.
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  21. Economics10h 31m ago
    Silver futures declined for the second straight day on Wednesday, falling by ₹1,705 to ₹2.48 lakh per kg.
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  22. Economics11h 0m ago
    The Federal Reserve is expected to hold interest rates steady on Wednesday at the end of the first meeting chaired by Kevin Warsh.
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  23. Economics11h 31m ago
    The Federal Reserve is expected to keep interest rates on hold this week.
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  24. Economics11h 31m ago
    The Federal Reserve is expected to keep interest rates on hold this week, but the focus is on what new Chairman Kevin Warsh will do next.
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  25. Economics12h 1m ago
    Rising inflation and new Federal Reserve chairman Kevin Warsh will take center stage on Wednesday when the central bank meets to decide on the path forward for interest rates.
    Open article

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