Why didn't the Federal Reserve lower interest rates?

18 June, 2026, 03:10 pm

Last modified: 18 June, 2026, 03:13 pm

Why didn't the Federal Reserve lower interest rates?

18 June, 2026, 03:10 pm

Last modified: 18 June, 2026, 03:13 pm

Newly appointed Federal Reserve Chairman Kevin Warsh made a big decision in his first meeting after taking over as the head of the US central bank. Despite intense pressure from President Donald Trump, the Fed has decided to keep US interest rates unchanged between 3.5 percent and 3.75 percent.

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