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The Federal Reserve is setting U.S. interest rates. What will that look like?

NPR | By Scott Horsley
Published July 29, 2026 at 3:28 PM CDT

The Federal Reserve met to set U.S. interest rates, but this time, investors are unsure what to expect with Kevin Warsh, the new Federal Reserve Chairman, at the helm.

Copyright 2026 NPR
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.