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Economics2h 32m ago
The Federal Reserve is likely to keep its key rate unchanged Wednesday at about 3.6% for the fourth straight meeting.
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WASHINGTON
Who
Kevin Warsh, Federal Reserve, President Trump
What
The Federal Reserve is likely to keep its key rate unchanged Wednesday at about 3.6% for the fourth straight meeting.
When
Wed, 17 Jun 2026 04:01:06 GMT · 2h 32m ago
Where
WASHINGTON ·
Why
The Fed is unlikely to immediately usher in significant policy changes, despite the new leadership, while inflation due to the Iran war poses new challenges.
The Frontline Impact
How this affects you
The Federal Reserve, under new leadership, is poised to maintain current interest rates, signaling a potential shift in its communication strategy and a cautious approach to monetary policy amidst escalating inflation, notably influenced by increased gas prices from the Iran war.
Story chain
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- Currently Reading2h 32m agoThe Federal Reserve is likely to keep its key rate unchanged Wednesday at about 3.6% for the fourth straight meeting.
- Economics2h 59m agoFormer Fed governor Kevin Warsh will lead the Federal Reserve's first meeting as chair where policymakers are expected to hold interest rates steady on Wednesday amidst rising inflation and calls from President Donald Trump for lower borrowing costs.Open article
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Verified Sources & Citations
- HIGHThe Economic Timeshttps://economictimes.indiatimes.com/markets/us-stocks/news/decision-day-guide-warsh-faces-first-big-test-as-fed-chair/articleshow/131785519.cms
- HIGHThe Associated Presshttps://apnews.com/article/federal-reserve-kevin-warsh-interest-rates-103325df845d2d6bde63dfa4b8093d35
- HIGHMoneycontrolhttps://www.moneycontrol.com/news/business/markets/sensex-up-300-pts-from-day-s-low-nifty-above-24-050-easing-crude-prices-among-key-factors-behind-market-rise-13951663.html