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New U.S. Federal Reserve Chairman Kevin Warsh holds a press conference following a two-day meeting of the Federal Open Market Committee (FOMC), at the U.S. Federal Reserve in Washington, D.C., U.S. June 17, 2026. REUTERS/Eric Lee
Jun 17, 2026

Fed begins Warsh era by keeping rates on hold, sees one hike later this year

The Federal Reserve held interest rates steady but projects one hike later this year amid inflation concerns under new chairman Kevin Warsh.

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