BUSINESSJun 17 · 18:47 UTCCNBC TOP

Chairman Warsh abstains from giving rate forecast as several members signal a hike in 2026

Chairman Warsh abstained from providing a rate forecast as several members indicated a potential interest rate hike in 2026. The median projection anticipates the federal funds rate to reach 3.8% by the end of 2026, a 0.25 percentage point increase from the current target range.

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