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The Federal Reserve on Wednesday kept its benchmark interest rate steady, but political and economic developments are pushing mortgage rates higher.
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The main inflation barometer used to set U.S. interest rates fell in June for the first time since the pandemic, underscoring why the Federal Reserve took no action this week to raise borrowing costs.
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Warsh's Performance Falls Flat With Markets as Fed Holds Rates Steady The New York TimesFed leaves interest rate unchanged, but could a hike come later this year? CBS NewsA divided Fed holds interest rates steady despite stubborn inflation The Washington PostKevin Warsh Asked the Market to Speak. It Answered. WSJKevin Warsh's stripped-back Fed communicat
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