US Federal Reserve Keeps Interest Rates Unchanged As Inflation Remains Elevated
Last Updated:June 18, 2026, 12:47 AM IST The Fed acknowledged that inflation remains above its 2% target, citing supply disruptions and rising energy costs. The decision, which was unanimously approved by the Federal Open Market Committee (FOMC), marked the first policy meeting under new Fed Chair Kevin Warsh. The US Federal Reserve left interest rates…