The Federal Reserve keeps its benchmark interest rate unchanged in the 3.50% to 3.75% range, according to an FOMC decision reported by NDTV. The move is approved by a 9–3 vote, with no change to the current policy stance. In remarks tied to the decision, Kevin Warsh indicates that policymakers would be willing to tighten policy if inflation remains persistent. He does not rule out future increases to borrowing costs, framing the position as readiness to act rather than a commitment to immediate hikes. Overall, the reports present the decision as a pause in rate adjustments while maintaining leverage to respond if inflation does not move as expected. The combination of a held rate and Warsh’s comments suggests the Fed is watching inflation trends closely and retains the option to raise rates later.
Fed holds rates at 3.50%-3.75% as Warsh signals openness to future hikes
The Federal Reserve keeps its benchmark interest rate unchanged in the 3.50% to 3.75% range, according to an FOMC decision reported by NDTV. The move is approved by a 9–3 vote, with no change to the c...
- The Federal Reserve leaves its policy rate unchanged at 3.50% to 3.75%.
- The FOMC decision is approved by a 9–3 vote.
- Kevin Warsh says policymakers will not hesitate to raise borrowing costs.
- Warsh signals future rate hikes are possible if inflation remains persistent.
- The Fed’s action reflects a pause in rate changes while monitoring inflation.
In a 9-3 vote, the Fed decided to leave rates unchanged in the 3.5%-3.75% range. Warsh signalled that future hikes weren't ruled out to combat inflation.
4 hours agoThe Federal Reserve held rates at 3.50%-3.75%, while Kevin Warsh warned policymakers won't hesitate to raise borrowing costs if inflation remains persistent.
4 hours ago
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