Asad Hashim and Myriam LemetayerAFP·17 Jun, 2026 07:57 PM4 mins to readUS Federal Reserve Chairman Kevin Warsh holds a press conference at the Federal Reserve Board Building in Washington, DC. Photo / Brendan Smialowski, AFPThe United States Federal Reserve has held interest rates steady as expected at Kevin Warsh’s first meeting in charge of the central bank, raising its year-end inflation expectations and projecting a rate hike by the end of 2026.

The Fed decided to hold rates steady at 3.50 to 3.75%