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Austin Goolsbee

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Warsh-led Fed policy shift and rate stability

124 clusters · 732 sources · last updated about 7 hours ago

Latest: Federal Reserve Chair Kevin Warsh implements policy shifts

In July 2026, the Federal Open Market Committee (FOMC) voted 9–3 to maintain the federal-funds rate at 3.5%–3.75%. Governors Beth Hammack, Neel Kashkari, and Lorie Logan dissented, favoring a 0.25-percentage-point hike.