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Washington, June 17, 2026, 17:02 EDT Fed keeps rates unchanged Wednesday, but Chair Kevin Warsh’s first policy meeting sent a tougher signal to markets. Officials warned the next rate move could be a hike, not a cut. The Federal Reserve left its target for the federal funds rate at 3.50% to 3.75%. Officials said economic activity is still solid, but inflation is holding above the 2% target. The decision was unanimous, 12-0. (Federal Reserve) It’s about the new forecasts. The Fed’s latest Summary of Economic Projections has the median official now expecting the policy rate at 3.8% by the end

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