Key Points The Federal Reserve has held interest rates steady in both Federal Open Market Committee meetings since Kevin Warsh became the Fed Chair. Continuing inflation is putting more pressure on the Fed to increase interest rates. Small-cap stocks and debt-heavy companies could suffer from higher interest rates. These 10 stocks could mint the next wave of millionaires › One of the more talked-about economic topics over the past year has been inflation and the Federal Reserve's (Fed) response (or lack thereof, rather). During the last Federal Open Market Committee (FOMC) meeting in July, the Fed kept rates steady for the second consecutive time under new Fed Chair Kevin Warsh. That said, one thing investors need to know before the Sept.
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