Fed begins Warsh era with rate hold, sees hike possible later in 2026 (opens original article in a new tab)

The Federal Reserve kept interest rates unchanged but signaled a potential rate hike in 2026 amid inflation concerns, with new Chairman Kevin Warsh's influence evident in the policy statement.

• The Federal Reserve held interest rates steady but indicated a possible hike in 2026 due to inflation concerns.
• The new Fed Chairman Kevin Warsh's influence is evident in the revised policy statement and removed guidance on future rate moves.
• Inflation is expected to slow next year, with rates returning to current levels by 2027.