Keyword → FOMC meeting

Fed Chair Kevin Warsh Opens First FOMC Meeting Today — Rate Hold at 3.50%-3.75% Widely Expected

The Federal Reserve opened a two-day FOMC meeting today, the first chaired by Kevin Warsh, with markets pricing in a near-certain hold on the federal funds rate at 3.50% to 3.75%. Investors are focused less on the rate decision itself and more on Warsh's tone, the updated dot plot, and Wednesday's press conference for signals on policy direction into 2027 amid sticky inflation and pressure from the White House for lower rates.