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EconomyFed Holds Rates at 3.5–3.75% as Kevin Warsh Leads His First FOMC MeetingDebtMost Cardholders Who Ask for a Lower Rate Get One — But Few Ever TryPersonal FinanceHome Insurance Premiums Rising Again in 2026 — A Fifth Straight Year of IncreasesBudgeting34% of Americans Say Their Finances Are Struggling or in Crisis, Study FindsConsumer NewsACA Marketplace Subsidies Tightened in 2026 — Some Enrollees Risk Surprise Tax BillsEconomyFed Holds Rates at 3.5–3.75% as Kevin Warsh Leads His First FOMC MeetingDebtMost Cardholders Who Ask for a Lower Rate Get One — But Few Ever TryPersonal FinanceHome Insurance Premiums Rising Again in 2026 — A Fifth Straight Year of IncreasesBudgeting34% of Americans Say Their Finances Are Struggling or in Crisis, Study FindsConsumer NewsACA Marketplace Subsidies Tightened in 2026 — Some Enrollees Risk Surprise Tax Bills
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Today’s Lead Story
Wednesday, June 17

Economy

Fed Holds Rates at 3.5–3.75% as Kevin Warsh Leads His First FOMC Meeting

via Federal Reserve

The Federal Reserve kept its benchmark rate at 3.50–3.75% on June 17, with new Chair Kevin Warsh presiding over his first FOMC meeting as May inflation running at 4.2% made near-term rate cuts unlikely.

Why it matters

Rates on hold means borrowing costs for credit cards, auto loans, and adjustable-rate mortgages stay elevated, keeping variable-rate debt more expensive for millions of households.

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