1 of 1
Story summary
- Federal Reserve (Fed) Chairman Kevin Warsh leads Wednesday vote with the Fed Funds Rate near 3.6%.
- Dallas Fed President Lorie Logan said above-target inflation strains budgets and urged higher rates.
- President Donald Trump’s tariffs impose a 10%-12.5% blanket duty on dozens of partners, now challenged in federal court.
- CME FedWatch shows a 90% chance of a 0.25% rate hike by January, though Iran-war prices and tariffs may limit its effect.
