06-18-26 Part One - A Steady Fed

Red Eye Radio · Jun 18, 2026 · 1h 16m

In part one of Red Eye Radio with Gary McNamara and Eric Harley, the Federal Reserve held interest rates steady and officials readied for higher borrowing costs, as inflation fears dominated Kevin Warsh’s first meeting as chairman of the central bank. The decision on Wednesday to maintain rates at a range of 3.5 percent to 3.75 percent for a fourth-straight meeting was supported by all 12 members of the Federal Open Market Committee. It was the first policy vote since June of last year that did not feature some form of opposition.

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