Federal Reserve holds rates steady at Warsh’s first meeting

Published Jun 17, 2026 • 6:08 PM

The short version

In a unanimous decision, the Federal Open Market Committee (FOMC) maintained its baseline interest rate at a range of 3.5 percent to 3.75 percent.
Warsh, whom the Senate confirmed last month, faces [...]

The Federal Reserve held interest rates steady Wednesday at Chair Kevin Warsh’s first rate-setting meeting since taking the reins of the central bank. In a unanimous decision, the Federal Open Market Committee (FOMC) maintained its baseline interest rate at a range of 3.5 percent to 3.75 percent. Warsh, whom the Senate confirmed last month, faces [...]

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