For your right to be curious.

Donate

Play Live Radio

Next Up:

0:00

0:00 0:00

Available On Air Stations

Build a transformational philanthropy program for this trusted NPR affiliate.
Seeking a 100% major gift fundraiser passionate about public media to develop relationships with people who support an informed and civil central Illinois.
Hire will have community visibility, many prospects, and professional resources.
Interviews in progress, open until filled. Apply now.

Fed holds interest rates steady and hints at future rate hike

NPR | By Scott Horsley

Published June 18, 2026 at 5:51 AM CDT

The Federal Reserve held its benchmark interest rate steady Wednesday, and hinted its next move could be a rate increase. The new Fed chairman vowed to bring inflation under control.

Scott Horsley

Scott Horsley is NPR's Chief Economics Correspondent. He reports on ups and downs in the national economy as well as fault lines between booming and busting communities.

See stories by Scott Horsley