17 jun 2026
Federal Reserve holds interest rates steady for fourth time this year
US central bank makes decision in first meeting under new chair and Trump appointee Kevin Warsh The US Federal Reserve left interest rates unchanged for the fourth time this year after its first meeting under new chair, Kevin Warsh, a Donald Trump appointee who has taken over the central bank during a tumultuous time for the US economy. “Economic activity is expanding at a solid pace despite elevated uncertainty that owes, in part, to the conflict in the Middle East,” the Fed’s open market committee said in a short statement. “Productivity growth and capital investment are strong.
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Heightened energy prices because of the US-Israel war with Iran has pushed US inflation to a three-year high.
al jazeera
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- 18:07al jazeera
US Federal Reserve holds rates steady under new chair Warsh
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