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June 17, 2026 ~ Economist Patrick Anderson reacts to the first meeting with the new Federal Reserve chairman and what it signals for the economy moving forward.
WASHINGTON D.C. ~ The Federal Reserve announced that interest rates would stay the same at 3.5%-3.75% following the first meeting with new Chairman Kevin Warsh.
The Federal Reserve was expected to keep interest rates steady, though, due to inflation sitting at a three-year high. Warsh was nominated to the role earlier this year by President Donald Trump, who has voiced that he hopes Warsh will lower interest rates.
