Business

Fed Keeps Rates Steady

Updated 2026-06-17 18:10 UTC 1 source Neutral

The Federal Reserve held interest rates steady, removing language that suggested future rate cuts. This decision will impact various financial products including credit cards and mortgages.

Coverage timeline — 2 articles

CNBC

Fed holds rates steady, pares down statement to remove cutting bias

The Federal Reserve on Wednesday released its interest rate decision.

2026-06-17 18:01 UTC

CNBC

Fed holds interest rates steady: Here's what that means for credit cards, savings rates, mortgages and car loans

Here’s a look at how the Fed's June interest rate decision may affect your finances.

2026-06-17 18:05 UTC