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Fed leaves rates steady in Warsh's first meeting

The Federal Reserve left its target interest rate unchanged in Kevin Warsh's first meeting as its chairman, alongside new projections showing that many top officials now anticipate raising interest rates this year. Why it matters: Warsh is taking charge of the central bank amid a renewed surge of inflation that has dashed hopes for interest rate cuts this year. Against that complex backdrop, Warsh indicated that the ways the central bank conducts monetary policy are set for significant changes …

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AxiosCenter·10h ago
Fed leaves rates steady in Warsh's first meeting
The Federal Reserve left its target interest rate unchanged in Kevin Warsh's first meeting as its chairman, alongside new projections showing that many top officials now anticipate raising interest rates this year. Why it matters: Warsh is taking charge of the central bank amid a renewed surge of inflation that has dashed hopes for interest rate cuts this year. Against that complex backdrop, Warsh indicated that the ways the central bank conducts monetary policy are set for significant changes …
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Fed leaves rates steady in Warsh's first meeting

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