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Economics3h 44m ago

The Federal Reserve kept its key rate unchanged Wednesday yet almost half the central bank’s policymakers said they could support a rate hike later this year, an unexpectedly aggressive outcome that would disappoint President Trump and suggests heightened concerns about persistent inflation.

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WASHINGTON

Who
The Federal Reserve, President Trump, Fed officials, Kevin Warsh
What
The Federal Reserve kept its key rate unchanged Wednesday yet almost half the central bank’s policymakers said they could support a rate hike later this year, an unexpectedly aggressive outcome that would disappoint President Trump and suggests heightened concerns about persistent inflation.
When
Wed, 17 Jun 2026 18:12:23 GMT · 3h 44m ago
Where
WASHINGTON ·
Why
Almost half of the Federal Reserve's policymakers indicated support for a rate hike later this year, suggesting heightened concerns about persistent inflation.
The Frontline Impact

How this affects you

The Federal Reserve's decision to keep interest rates unchanged, coupled with a notable number of policymakers advocating for a future hike, indicates ongoing concerns about inflation and may influence future economic policy and market expectations.

Story chain

9 events in this thread
  1. Economics2h 44m ago
    The Federal Reserve kept its key rate unchanged, but almost half of its policymakers indicated they could support a rate hike later this year.
    Open article
  2. Economics2h 45m ago
    The Federal Reserve kept its key rate unchanged Wednesday, but almost half of the central bank's policymakers indicated support for a rate hike later this year, an outcome that would disappoint President Trump.
    Open article
  3. Economics3h 23m ago
    The Federal Reserve held the benchmark interest rate steady on Wednesday and policymakers expect rising borrowing costs later this year, reflecting growing concerns about inflation above the U.S. central bank's 2% target.
    Open article
  4. Economics3h 23m ago
    The Federal Reserve held the benchmark interest rate steady on Wednesday, but policymakers expect rising borrowing costs later this year due to inflation above the U.S. central bank's 2% target.
    Open article
  5. Economics3h 43m ago
    The U.S. dollar extended gains against the euro after the Federal Reserve held the benchmark interest rate steady.
    Open article
  6. Economics3h 43m ago
    The U.S. dollar extended gains against the euro after the Federal Reserve held the benchmark interest rate steady and projected a hike in borrowing costs later this year.
    Open article
  7. Economics3h 44m ago
    The Federal Reserve kept its key rate unchanged Wednesday yet almost half the central bank’s policymakers said they could support a rate hike later this year, an unexpectedly aggressive outcome that would disappoint President Trump.
    Open article
  8. Currently Reading3h 44m ago
    The Federal Reserve kept its key rate unchanged Wednesday yet almost half the central bank’s policymakers said they could support a rate hike later this year, an unexpectedly aggressive outcome that would disappoint President Trump and suggests heightened concerns about persistent inflation.
  9. Economics3h 44m ago
    The Federal Reserve kept its key rate unchanged Wednesday, but almost half of the central bank’s policymakers indicated support for a rate hike later this year.
    Open article

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