Browsing: monetary policy

Federal Reserve Holds Rates Steady, Shifts to Data-Dependent Policy

July 31, 2026By Soniya Chowdhury

The Federal Reserve held interest rates steady on July 30, 2026, keeping the benchmark federal funds rate unchanged as inflation…

Federal Reserve rate decision June 2026 Kevin Warsh

Business

Federal Reserve Holds Rates at 3.5 Percent as Kevin Warsh Leads First Press Conference

June 17, 2026By Rithe Rose

The Federal Reserve held interest rates at 3.50-3.75 percent on Wednesday as new chair Kevin Warsh led his first FOMC press conference, with the updated dot plot showing no cuts expected in 2026.

Business

Bank of Japan Raises Key Rate to 1%, Highest Since 1995

June 16, 2026By Shahriar Fahim

Japan’s central bank lifted its policy rate to 1% on Tuesday, marking the country’s highest borrowing cost since 1995 amid sustained inflation and a weak yen.