Established 2026 · Independent · Authoritative · Daily
Business · The Washington Post
The Federal Reserve has decided to keep interest rates unchanged during its latest meeting, led by Chair Kevin Warsh. This marks the fifth consecutive meeting without a rate change, with inflation continuing to exceed the Fed's 2 percent target for over five years. There are increasing divisions within the committee regarding the approach to tackle the persistent inflation.
Democracy Dies in Darkness
The Federal Reserve left interest rates unchanged Wednesday, holding off — for now — on an increase to combat elevated inflation.
It was the second meeting of Kevin Warsh’s tenure as chair and the fifth straight meeting without a change in the price of money. It came amid growing divisions over how to respond to an inflation rate that has exceeded the central bank’s 2 percent target for more than five years.
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