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Economics3h 51m 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.

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WASHINGTON

Who
The Federal Reserve, President Trump, Kevin Warsh
What
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.
When
Wed, 17 Jun 2026 18:12:23 GMT · 3h 51m ago
Where
WASHINGTON ·
Why
Policymakers expressed heightened concerns about persistent inflation, leading to an unexpectedly aggressive outcome regarding potential future rate hikes.
The Frontline Impact

How this affects you

The Federal Reserve's decision to maintain key interest rates, while nearly half its policymakers consider a future hike, signals potential future tightening of monetary policy in the U.S. This stance, driven by inflation concerns, could influence borrowing costs and economic growth, drawing criticism from President Trump.

Story chain

9 events in this thread
  1. Economics2h 51m 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 52m 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 30m 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 30m 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 50m ago
    The U.S. dollar extended gains against the euro after the Federal Reserve held the benchmark interest rate steady.
    Open article
  6. Economics3h 50m 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 51m 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. Economics3h 51m 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.
    Open article
  9. Currently Reading3h 51m 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.

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