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Bangkok Post
Bangkok Post
Business

UNBELIEVABLE: New fed chief declines to make rate prediction - The Untold Story

Federal Reserve chairman Kevin Warsh makes a point during a press conference after chairing his first meeting of the Federal Open Market Committee in Washington, DC, on June 17, 2026. (Photo: Reuters)

WASHINGTON - Federal Reserve chairman Kevin ‌Warsh did not submit an interest-rate prediction as part of the central bank’s quarterly economic projections on Wednesday, spelling changes ahead for what has become a key guidepost for investors on monetary policy.

The news came as the Fed held its benchmark interest rate unchanged, as widely expected, citing concerns about energy-led inflation over the near term.

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