
The Federal Reserve held its benchmark interest rate at 3.50 to 3.75 percent at its June 2026 meeting, the first chaired by Kevin Warsh after replacing Jerome Powell. The Fed dropped its earlier language suggesting future cuts and its projections now show a rate hike is possible by year-end, sending a hawkish signal to markets.

World · Jun 18 · L1-L4

Science · Jun 18 · L1-L4