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Federal Reserve's new chairman Kevin Warsh holds first meeting, breaks from Powell's approach
14+ min ago (455+ words) The new Fed chair left rates unchanged but signaled a hawkish shift on inflation and scrapped key communication tools from the Powell era Kevin Warsh's first act as Federal Reserve chairman wasn't a rate hike. It was a vibe shift....
Federal Reserve chair takes initial steps toward regime change
27+ min ago (335+ words) Kevin Warsh kept rates steady at his first FOMC meeting but signaled a fundamental overhaul of how the Fed operates, with potential ripple effects across risk assets including crypto. The Federal Reserve has a new boss, and he's not here…...
Chile central bank cuts 2026 GDP forecast, slightly raises inflation view
15+ hour, 10+ min ago (224+ words) SANTIAGO, June 17 (Reuters) - Chile's central bank on Wednesday lowered its 2026 economic growth forecast to "between 1. 0% and 1. 75%, from the 1. 5%-2. 5% "range projected in March, citing weaker-than-expected first-quarter activity. The bank said the "downgrade was driven mainly by poor performance in natural resource-related…...
Federal Reserve leaves interest rates unchanged, signals support for rate hike this year
11+ hour, 35+ min ago (932+ words) The Federal Reserve sets the federal interest rate, which can impact everything from from your mortgage to your car loans. Here's what you need to know. The Federal Reserve kept its key rate unchanged Wednesday yet almost half the central…...
Federal Reserve keeps rate unchanged, but nearly half of policymakers would support hike this year
2+ hour, 33+ min ago (659+ words) WASHINGTON " The Federal Reserve kept its key rate unchanged Wednesday yet almost half the central bank's policymakers said they could support a rate hike later this year. The unexpectedly aggressive tilt toward higher rates would disappoint President Trump and suggests…...
PROCOMER: Costa Rica strengthens its focus on Asia with value-added food products in South Korea
42+ min ago (362+ words) Four Costa Rican companies promoted differentiated products for the HORECA sector at Seoul Food & Hotel 2026. South Korea is emerging as one of Asia's leading markets for premium, healthy, and high-quality food products. SEOUL, South Korea, June 18, 2026 /PRNewswire/ -- Costa Rica continues…...
Federal Reserve chairman Kevin Warsh signals intolerance for high inflation
43+ min ago (345+ words) The new Fed chair held rates steady at his first meeting but made clear that price stability is his defining mission Kevin Warsh has been running the Federal Reserve for less than a month, and he's already drawn a line…...
Gold turns lower after-hours as Federal Reserve holds rates steady (GLD: NYSEARCA)
8+ hour, 19+ min ago (76+ words) Gold futures ended slightly higher, then gave up gains as the Federal Reserve held interest rates steady but signaled a potential rate hike later this year, lifting the dollar higher. monsitj/i Stock via Getty Images Gold futures ended slightly…...
Crypto Slides After Fed Holds Rates in Warsh's First Meeting
41+ min ago (449+ words) Crypto markets retreated Wednesday after the Federal Reserve held interest rates steady but delivered a hawkish policy outlook. The Federal Open Market Committee voted 12-0 to maintain its target rate at 3. 5% to 3. 75%. The decision came during Kevin Warsh's first meeting as…...
Fed Keeps Rates Unchanged; All Eyes on Warsh Debut
42+ min ago (629+ words) WASHINGTON, June 17, 2026, 18: 12 (EDT) The Federal Reserve left rates steady Wednesday, holding the federal funds target at 3. 50%-3. 75%. It was Kevin Warsh's first policy meeting as chair, and the changes were obvious'a briefer statement, no sign of an easing bias and a…...