The Federal Reserve held interest rates steady in the first meeting led by Kevin Warsh. The decision to maintain rates for a fourth-straight meeting was supported by all 12 members of the Federal Open Market Committee, but new quarterly projections by some Fed officials anticipate a rate hike by the end of the year. Amna Nawaz discussed the future of the Fed under Warsh with David Wessel.
The Federal Reserve held interest rates steady in the first meeting led by Kevin Warsh. The decision to maintain rates for a fourth-straight meeting was supported by all 12 members of the Federal Open Market Committee, but new quarterly projections by some Fed officials anticipate a rate hike by the end of the year. Amna Nawaz discussed the future of the Fed under Warsh with David Wessel.
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