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 hold, The post Warsh Hawkish Shock: 9 Fed Officials Signal 2026 Rate Hik