Fed keeps rates unchanged in first meeting chaired by Kevin Warsh

All eyes are on Federal Reserve Chair Kevin Warsh as he delivers his first major press conference amid rising inflation and growing pressure over interest rates. Investors, businesses, and borrowers are closely watching for clues on the Fed’s next move and whether rate cuts remain on the table. Warsh has pledged to keep the Federal Reserve independent while navigating stubborn inflation, a strong labor market, and calls from President Donald Trump for lower borrowing costs. His remarks could have a major impact on stocks, bonds, mortgage rates, and the broader U.S. economy.

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