gg2
Kevin Warsh holds Fed press conference
The gist
The Fed raised its benchmark rate a quarter-point to 3.75%-4.00%, its first hike since 2023.
Warsh's shortest-ever press conference leaves markets guessing about more tightening.
How it unfolded
- Sep 14, 2026Reuters reports the Fed's table is set for a rate hike, a first under Warsh, citing elevated inflation, $100-a-barrel oil and Warsh's emphasis on price stability.
- Sep 15, 2026PBS NewsHour publishes a live briefing watch page noting Warsh will hold a news conference at 2 p.m. EDT on Wednesday, Sept. 16.
- Sep 16, 2026The FOMC, with its 12 voting members, began its second day of meeting, with a decision due at 2:00 pm (1800 GMT).