Fed Holds Rates Steady in Warsh’s First Meeting
June 17, 2026·about 3 hours ago·via Townhall
The Federal Reserve keeps its benchmark rate at 3.5% to 3.75% in the first meeting led by Kevin Warsh, and the vote is unanimous. That means no relief for borrowers and no fresh ammo for the left’s usual spending-and-stimulus playbook. With inflation still running hot and energy prices elevated, the Fed is staying cautious instead of cutting just to satisfy political pressure. Warsh says the central bank is dropping forward guidance and focusing on price stability. Read more about this...