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2026June › 17

Fed

38 days ago

After hitting a fresh intraday all-time high, the Dow Jones Industrial Average ultimately closed more than 500 points lower on Wednesday.
The S&P 500 closed down 1.2%, as bond yields rose.
US government bonds drop after central bank vows to tame jolt of inflation triggered by Iran war
The new leader of the Fed left interest rates alone but made clear how he plans to rewire the central bank.
The Federal Reserve and Chairman Kevin Warsh on Wednesday followed the script on interest rates closely.
Gundlach said Warsh's stance reduces the risk of overly accommodative monetary policy that could reignite inflation and push longer-term borrowing costs higher.
The Federal Reserve held rates between 3.5% and 3.75% after Kevin Warsh's first meeting in charge of the central bank.
Here’s a look at how the Fed's June interest rate decision may affect your finances.
This is a comparison of Wednesday's Federal Open Market Committee statement with the one issued after the Fed's previous policymaking meeting in April.
The Federal Reserve on Wednesday released its interest rate decision.

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