India, June 17 -- The Federal Reserve is expected to keep interest rates unchanged at its latest meeting. This is an important meeting because it is one of the first major meetings led by Fed Chair Kevin Warsh. Many investors are watching closely to understand how he plans to guide U.S. monetary policy.

Even though Warsh has promised a "regime change" at the Fed, experts do not expect him to make any major policy changes right away. Wall Street traders currently do not expect a Fed rate cut before the end of the year. In fact, market expectations suggest the next move could eventually be a rate increase. For everyday Americans, a stable interest-rate environment means there will likely be only small changes to savings accounts, checking ...