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Fed leaves interest rates unchanged but signals higher rates are ahead | CNN Business

• Decision day The Federal Reserve said Wednesday it is keeping its interest rate unchanged for the fourth-straight time but signaled that a rate hike is ahead. • New sheriff in town Trump appointee Kevin Warsh led his first policy meeting as Fed chairman and quickly made his mark, revealing in a news conference a list of changes he plans to make. • A shift toward hiking President Donald Trump appointed Warsh to cut interest rates and has joked that he would sue his Fed chairman if he does not lower borrowing costs. But many of Warsh’s colleagues signaled in their economic outlook today that they anticipate hiking rates at some point this year. Our live coverage of Kevin Warsh’s historic first policy meeting as Federal Reserve chairman has ended. Read here for more analysis on his plans for the US central bank. In testimony to Congress and at his swearing-in ceremony, Federal Reserve Chairman Kevin Warsh promised “regime change.” On Wednesday, after leading his first policy meeting, he made it clear he is serious: The Federal Reserve doesn’t set mortgage rates, but its policies help determine the cost of borrowing throughout the economy. That means decisions made by

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Jul 1, 2026
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Jun 17, 2026 → Jul 1, 2026

LATEST DEVELOPMENT
Jul 1, 2026·The GuardianT2 · Outlet report
US Federal Reserve chair Kevin Warsh says inflation risks ‘have come down’ – as it happened

Oil prices fall over 1% after Trump says US ‘getting along very well’ with Iran; technical talks reportedly under way in Doha, with Qatar and Pakistan acting as mediators Kevin Warsh also said that inflation ⁠expectations and ⁅

Read original at The Guardian →
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July 2026

2 updates
Jul 1, 2026·The GuardianT2 · Outlet reportLATEST
US Federal Reserve chair Kevin Warsh says inflation risks ‘have come down’ – as it happened

Oil prices fall over 1% after Trump says US ‘getting along very well’ with Iran; technical talks reportedly under way in Doha, with Qatar and Pakistan acting as mediators Kevin Warsh also said that inflation ⁅

Read original at The Guardian →
Jul 1, 2026·CNNT2 · Outlet report
Kevin Warsh’s reform-focused approach is already winning support on the global stage | CNN Business

Federal Reserve Chairman Kevin Warsh isn’t alone in arguing that central banks should stop trying to predict the economy: A slew of top central bankers said Wednesday they also question the practice of speculating…

Read original at CNN →

June 2026

7 updates
Jun 29, 2026·CNNT2 · Outlet reportKEY MOMENT
Takeaways from the Supreme Court’s decisions expanding Trump’s firing power but preserving Fed for now | CNN Politics

The Supreme Court handed President Donald Trump a significant win Monday by allowing him to remove the leaders of once-independent federal agencies at will, toppling a 1935 precedent in the process that could reorder…

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Jun 29, 2026·CNNT2 · Outlet report
Supreme Court expands Trump’s power to fire independent agency officials but lets Lisa Cook remain at Fed | CNN Politics

• The Supreme Court on Monday rejected President Donald Trump’s attempt to immediately fire Federal Reserve Governor Lisa Cook, further cementing the Fed’s independence. • The court, meanwhile, expanded the…

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Jun 18, 2026·CNNT2 · Outlet reportKEY MOMENT
Easing tensions with Iran push mortgage rates lower — but a potential Fed rate hike clouds the outlook | CNN Business

Americans shopping for a home caught a break this week when mortgage rates edged lower. The average 30-year fixed mortgage rate fell to 6.47% this week, down from 6.52% last week, which was near the year’s high,…

Read original at CNN →
Jun 18, 2026·Fox NewsT2 · Outlet report
Trump’s firing power faces twin Supreme Court tests, but one agency may get special treatment

This material may not be published, broadcast, rewritten, or redistributed. ©2026 FOX News Network, LLC. All rights reserved. Quotes displayed in real-time or delayed by at least 15 minutes. Market data provided by…

Read original at Fox News →
Jun 17, 2026·CNNT2 · Outlet reportKEY MOMENT
The Fed’s new era begins. Here’s what it means for your money | CNN Business

The Federal Reserve may have a new chairman in Kevin Warsh, but it still has to balance its old dual mandate: Lower rates to boost the economy when the labor market is struggling, or raise rates to cool economic…

Read original at CNN →
Jun 17, 2026·BBCT2 · Outlet report
Fed holds US interest rates steady as uncertainty over Trump's Iran deal remains

The Federal Reserve held US interest rates between 3.5% and 3.75% after Kevin Warsh's first meeting in charge of the central bank. Fed governors were split on whether to keep rates steady or increase them in a bid to…

Read original at BBC →
Jun 17, 2026·CNNT2 · Outlet reportOPENING
Fed leaves interest rates unchanged but signals higher rates are ahead | CNN Business

• Decision day The Federal Reserve said Wednesday it is keeping its interest rate unchanged for the fourth-straight time but signaled that a rate hike is ahead. • New sheriff in town Trump appointee Kevin Warsh led…

Read original at CNN →

Sources & evidence (9)

What this story stands on. Tier 0 is a primary record or the subject's own words; higher tiers must be attributed, never stated as bare fact.

T2 · Outlet report× 9
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STRONGEST EVIDENCE
T2 · Outlet reportThe GuardianJul 1, 2026

Oil prices fall over 1% after Trump says US ‘getting along very well’ with Iran; technical talks reportedly under way in Doha, with Qatar and Pakistan acting as mediators Kevin Warsh also said that inflation ⁠expectations and ⁅

View source →
T2 · Outlet reportCNNJul 1, 2026

Federal Reserve Chairman Kevin Warsh isn’t alone in arguing that central banks should stop trying to predict the economy: A slew of top central bankers said Wednesday they also question the practice of speculating about the economy’s…

View source →
T2 · Outlet reportCNNJun 29, 2026

The Supreme Court handed President Donald Trump a significant win Monday by allowing him to remove the leaders of once-independent federal agencies at will, toppling a 1935 precedent in the process that could reorder the way the government…

View source →
T2 · Outlet reportCNNJun 29, 2026

• The Supreme Court on Monday rejected President Donald Trump’s attempt to immediately fire Federal Reserve Governor Lisa Cook, further cementing the Fed’s independence. • The court, meanwhile, expanded the president’s power to…

View source →
T2 · Outlet reportCNNJun 18, 2026

Americans shopping for a home caught a break this week when mortgage rates edged lower. The average 30-year fixed mortgage rate fell to 6.47% this week, down from 6.52% last week, which was near the year’s high, according to data…

View source →
T2 · Outlet reportFox NewsJun 18, 2026

This material may not be published, broadcast, rewritten, or redistributed. ©2026 FOX News Network, LLC. All rights reserved. Quotes displayed in real-time or delayed by at least 15 minutes. Market data provided by Factset. Powered and…

View source →

Tier key: T0 = Primary source · T1 = Wire · T2 = Outlet report · T3 = Commentary

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