The Fed’s new era begins. Here’s what it means for your money
- Posted on June 17, 2026
- By CNN
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- 1 min read
The Fed’s new era begins. Here’s what it means for your money
The Federal Reserve may have a new chairman in Kevin Warsh, but it still has to balance its old dual mandate: Lower rates to boost the economy when the labor market is struggling, or raise rates to cool economic activity when inflation is considered too high.
