{
  "id": 16912674,
  "title": "WATCH LIVE: Fed chair Warsh holds briefing after latest interest rate decision",
  "url": "https://urgent.news/2026/10/28/watch-live-fed-chair-warsh-holds-briefing-after-latest-interest-rate",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-28T14:14:27.000Z",
  "source": {
    "name": "PBS NewsHour",
    "slug": "pbs-newshour",
    "url": "https://www.pbs.org/newshour/economy/watch-live-fed-chair-warsh-holds-briefing-after-latest-interest-rate-decision"
  },
  "original_language": "en",
  "account": "Federal Reserve Chair Kevin Warsh is set to address inflation concerns during a news conference on Wednesday, even as the central bank maintains its current interest rates. Inflation has surged in recent months due to the Iran war and rising oil and gas prices. Warsh's briefing follows the Fed's rate decision in September, which was the first increase in three years. Despite the hike, inflation remains above the Fed's 2% target. The Fed's actions could impact Americans, as higher rates make mortgages, auto loans, and credit card borrowing more expensive. Warsh's remarks at the press conference will be closely scrutinized for hints about the central bank's future rate decisions.",
  "summary": "The Federal Reserve is expected to stand pat on interest rates Wednesday even though inflation has accelerated in the past couple of months as the Iran war has caused spikes in oil and gas prices.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 5,
    "also_reported_by": [
      {
        "outlet": "CNBC",
        "title": "Fed meeting live updates: No hike expected, but all eyes on Warsh for what's next",
        "url": "https://urgent.news/2026/10/28/fed-meeting-live-updates-no-hike-expected-but-all-eyes-on-warsh-for",
        "published": "2026-10-28T12:09:31.000Z"
      },
      {
        "outlet": "Hindustan Times - World News",
        "title": "Fed rate decision: Kevin Warsh faces pressure to explain pause as US inflation rises",
        "url": "https://urgent.news/2026/10/28/fed-rate-decision-kevin-warsh-faces-pressure-to-explain-pause-as-us",
        "published": "2026-10-28T16:05:59.000Z"
      },
      {
        "outlet": "The Korea Times",
        "title": "US stocks hold steady ahead of Fed rate decision",
        "url": "https://urgent.news/2026/10/28/us-stocks-hold-steady-ahead-of-fed-rate-decision",
        "published": "2026-10-28T17:12:04.000Z"
      },
      {
        "outlet": "Fortune",
        "title": "For the first time since 1992, a Fed governor and president dissented together, as Kevin Warsh says the ‘monetary medicine’ is starting to work",
        "url": "https://urgent.news/2026/10/28/for-the-first-time-since-1992-a-fed-governor-and-president-dissented",
        "published": "2026-10-28T19:24:21.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}