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BTCC / BTCC Square / Global Cryptocurrency /
Fed Holds Rates Steady as Inflation Pressures Persist

Fed Holds Rates Steady as Inflation Pressures Persist

Global Cryptocurrency
Author:
Global Cryptocurrency
Release Time:
2026-06-18 07:41:02
0
BTCCSquare news:

The Federal Reserve maintained interest rates at 3.5%-3.75% in a unanimous decision, marking Kevin Warsh's first meeting as a policymaker. Nine officials now project rate hikes this year, while eight prefer status quo and one advocates cuts.

Inflation remains stubbornly elevated, exacerbated by Middle East tensions and energy price volatility. The revised statement—notably leaner under Warsh's influence—dropped forward guidance in favor of emphasizing productivity gains and capital investment.

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