Fed begins Warsh era with rate hold, sees hike possible later in 2026

The Federal Reserve maintained interest rates but signaled a potential hike later this year due to inflation concerns. New projections show nine officials anticipate a rate increase by the end of 2026. The policy statement removed previous guidance on future rate moves, reflecting new Fed Chairman Kevin Warsh's influence.

from Economic Times https://ift.tt/LbHuGqI