MarketWatch
US · 11 mins ago
✦ 75◉ Centre
Kevin Warsh’s Fed isn’t cutting interest rates any time soon. But a hike isn’t yet on the table, either.
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◉ Centre ✓ Fair headline
The Federal Reserve under new Chair Kevin Warsh is expected to hold interest rates steady in the near term, with rate cuts unlikely due to inflation concerns and rate hikes not currently being considered.
Kevin Warsh’s Fed isn’t cutting interest rates any time soon. But a hike isn’t yet on the table, either.
The Federal Reserve isn’t going to reduce borrowing costs anytime soon because of resurgent inflation, but a rate hike is also off the table for now as the regime of new Chair Kevin Warsh gets underway.
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