Federal Reserve leaves interest rates unchanged as Warsh era begins ^2.9%

Fox Business - By Eric Revell - 6/17/2026, 6:00 PM

Framing Effect 7.8% - Recency Bias 5.9% - Optimism Bias 4.6%

The Federal Reserve on Wednesday announced that it will hold interest rates steady due to concerns about elevated inflation amid the war in Iran, as Fed Chair Kevin Warsh's tenure leading the central bank begins in earnest. Fed policymakers voted 12-0 to leave the benchmark federal funds rate unchanged at its current range of 3.5% to... more