Warsh Hawkish Shock: 9 Fed Officials Signal 2026 Rate Hike

Fed Chair Kevin Warsh held rates steady in his debut FOMC meeting but delivered a sharply hawkish surprise, with nine of 18 participants projecting a 2026 rate hike and the statement stripping out its easing bias. The Federal Reserve left the federal funds rate unchanged at 3.50%-3.75% on June 17, 2026 — the fourth consecutive
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