Fed Under Warsh Holds Rates Steady Again At 3.5%–3..

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Fed Under Warsh Holds Rates Steady Again At 3.5%–3.75%

Fed Under Warsh Holds Rates Steady Again At 3.5%–3.75%

dailypresser.com

Fed Under Warsh Holds Rates Steady Again At 3.5%–3.75%

The Federal Reserve, now under Chair Kevin Warsh, chose again to hold interest rates steady, citing inflation concerns and global uncertainty, while voting divisions and Warsh’s opening remarks signal a cautious but pragmatic approach to monetary policy. This article walks through the decision, the split vote, Warsh’s framework for thinking about inflation and shocks, and...

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