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The Federal Reserve resists Trump's pressure to cut rates

Le Monde (English) · Jun 17, 2026, 6:48 PM · Also reported by 4 other sources

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The US central bank held interest rates and projected its first rate hike by the end of 2026. New Fed Chair Kevin Warsh said the decision was part of his 'reform-oriented' agenda.

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Al Jazeera US Federal Reserve holds rates steady under new chair Warsh The Hill Federal Reserve holds rates steady at Warsh’s first meeting The Guardian Federal Reserve holds interest rates steady for fourth time this year Financial Times Federal Reserve holds first meeting of Kevin Warsh era

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The Federal Reserve resists Trump's pressure to cut rates

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