{"data":{"id":1849,"lang":"en","title":"Federal Reserve Holds Rates Steady in Warsh's First Meeting, Signals Possible Hike by Year-End","summary":"Fed Chair Kevin Warsh held rates at 3.5%–3.75% in his first FOMC meeting, with 9 of 18 members forecasting a hike before year-end as inflation hits a three-year high of 4.2%.","category":"business","category_label":"Business","published_at":"2026-06-17T22:03:23Z","updated_at":"2026-06-17T22:03:23Z","url":"https://techtools.cz/tools/news/article/1849-federal-reserve-holds-rates-steady-in-warsh-s-first-meeting-signals-possible","api_url":"https://techtools.cz/news-api/v1/articles/1849?lang=en","markdown_url":"https://techtools.cz/news-api/v1/articles/1849.md?lang=en","image_url":"https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2026/06/931/523/fed-chair-kevin-warsh-first-press-conference.jpg?ve=1\u0026tl=1","word_count":188,"reading_time_minutes":1,"sources":[{"url":"https://www.foxbusiness.com/economy/federal-reserve-interest-rate-decision-june-17-2026","domain":"foxbusiness.com"},{"url":"https://www.cnbc.com/2026/06/17/fed-meeting-today-live-updates.html","domain":"cnbc.com"},{"url":"https://www.washingtontimes.com/news/2026/jun/17/federal-reserve-keeps-rates-steady-despite-trumps-new-chairman/","domain":"washingtontimes.com"}],"translation":{"lang":"cs","id":1922,"title":"Federální rezerva ponechala úrokové sazby beze změny při prvním zasedání Warshe a naznačuje možné zdražení peněz do konce roku","url":"https://techtools.cz/tools/news/clanek/1922-federalni-rezerva-ponechala-urokove-sazby-beze-zmeny-pri-prvnim-zasedani-warshe","api_url":"https://techtools.cz/news-api/v1/articles/1922?lang=cs"},"content":"The Federal Reserve left its benchmark interest rate unchanged at 3.5%–3.75% on June 17, as new Fed Chair Kevin Warsh presided over his first Federal Open Market Committee (FOMC) meeting. The committee voted 12-0 to hold rates amid persistently elevated inflation, which hit 4.2% annually through May — a three-year high driven by energy price shocks linked to the ongoing Middle East conflict.\n\nDespite holding steady, the Fed's updated \"dot plot\" showed a hawkish tilt: nine of 18 committee members forecast at least one rate hike before the end of 2026, with six projecting two 25-basis-point increases. The FOMC also revised its year-end PCE inflation forecast sharply upward to 3.6% from 2.7% in March. Notably, Warsh abstained from the dot plot entirely, signaling a break with recent practice.\n\nWarsh used the meeting to reshape the institution, announcing five task forces to overhaul Fed operations covering communications, balance sheet policy, data use, innovation-economy employment, and inflation measurement. He also dramatically shortened the FOMC's policy statement, dropping forward guidance altogether. \"The recent past need not be prologue. This committee will deliver price stability,\" Warsh declared at his post-meeting press conference."}}