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Bangkok Post
Bangkok Post
Business

Fed set to hold US interest rates steady

Kevin Warsh shakes hands with President Donald Trump after being sworn in as the new head of the US Federal Reserve, at the White House in Washington, DC on May 22, 2026. (Photo: AFP)

WASHINGTON - The US Federal Reserve is expected to hold interest rates steady at Kevin Warsh’s first meeting in charge of the central bank, with rate increases potentially on the horizon to combat surging inflation.

Federal Open Market Committee (FOMC) policymakers began the second day of their meeting on Wednesday morning, with a decision to be announced at 2pm local time (1am Thursday Thailand time).

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