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The Fed Decides Today In Warsh's First Test As Chair

A fourth straight hold is all but certain, so the focus falls on the dot plot, the dropped easing bias, and a new chair's tone.

The Federal Reserve announces its rate decision at 2 p.m. Eastern, and a hold in the 3.50 to 3.75 percent range looks near certain, the fourth straight pause.

The interest lies elsewhere. This is Kevin Warsh's first meeting as chair, and investors will parse whether the committee drops its easing bias, how the new dot plot frames the rest of 2026, and whether some members now pencil in hikes after inflation hit a three-year high.

The cooling oil price gives Warsh room to reset the Fed's message.

Sources: CBS News, StockTitan, IndexBox.

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