In all likelihood, the Federal Reserve Board will leave interest rates unchanged when it concludes its two-day meeting on Wednesday. Yes, inflation remains above the Federal Reserve’s 2% target, but that is largely because of transitory factors such as higher energy prices, which are a consequence o…
The Federal Reserve is poised to hold interest rates steady Wednesday, even as persistent inflation raises pressure on the central bank and its relatively new chair. Fed Chair Kevin Warsh heads into the second rate-setting meeting of his tenure grappling with a complicated economic picture, as the w…
WASHINGTON, DC – JULY 15: Federal Reserve Chairman Kevin Warsh testifies before the Senate Banking Committee on Capitol Hill on July 15, 2026 in Washington, DC. Warsh, President Trump’s pick to lead the Federal Reserve, presented the Semi-Annual Monetary Policy Report to the committee.
WASHINGTON, DC – JULY 15: Federal Reserve Chairman Kevin Warsh testifies before the Senate Banking Committee on Capitol Hill on July 15, 2026 in Washington, DC. Warsh, President Trump’s pick to lead the Federal Reserve, presented the Semi-Annual Monetary Policy Report to the committee.
Inflation and affordability are top issues for the Federal Reserve’s rate-setting committee as it votes on whether to raise interest rates or keep them steady.
The Federal Reserve held interest rates steady on Wednesday, a choice that may intensify questions about how U.S. central bank chief Kevin Warsh will deliver on his commitment to bring inflation back down to the 2% target.
Federal Reserve policymakers are losing patience with inflation, but they may not be ready to turn their frustration into action -- not this week anyway.
The US Federal Reserve is likely to hold rates steady at its meeting today, but the path ahead looks unclear as concerns bubble over stubborn levels of inflation.
The Federal Reserve is set to reveal its decision on interest rates Wednesday, with inflation trends and political pressure from President Trump shaping the discussion.
The Federal Reserve left interest rates unchanged Wednesday following one of the most closely watched and unpredictable meetings for the central bank this year. The Federal Open Market Committee voted 9 to 3 to keep its benchmark federal funds rate in a target range of 3.5% to 3.75%.
WASHINGTON — Federal Reserve policymakers are losing patience with inflation, but they may not be ready to turn their frustration into action -- not this week anyway.
Federal Reserve policymakers are losing patience with inflation , but they may not be ready to turn their frustration into action — not this week anyway. Meeting in Washington Tuesday and Wednesday, the Fed is expected to keep its benchmark interest rate unchanged.
The Federal Reserve is widely expected to leave interest rates unchanged, but some believe inflation warrants a rate hike. CBS News' Kelly O'Grady has more.
The Federal Reserve is set to consider whether to raise interest rates amid stubborn inflation pressures and oil price volatility. CBS News contributor J.D. Durkin has more.
WASHINGTON >> The Federal Reserve held interest rates steady today, a choice that may intensify questions about how U.S. central bank chief Kevin Warsh will deliver on his commitment to bring inflation back down to the 2% target.
The Federal Reserve voted Wednesday to hold its interest rate target steady following the second meeting under new Chairman Kevin Warsh, although three members of the Fed board dissented, preferring a rate hike.
Warsh, who took over as chairman from Jerome Powell in May, has repeatedly called for a “good family fight” at the Fed – and it looks like he got his wish.
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Federal Reserve holds interest rates steady amid inflation concerns | Since Then