Warsh-led Fed leaves rates on hold
WASHINGTON (Reuters) -- A divided Federal Reserve left interest rates unchanged Wednesday even as US central bank chief Kevin Warsh pledged an unwavering commitment to bring inflation down, a message that left markets confused about just what he was prepared to do. Warsh, in what has become characteristic fashion, dec
US Federal Reserve holds interest rates steady despite Warsh’s inflation vow
The Federal Reserve held interest rates steady on Wednesday, a choice that may intensify questions about how US central bank chief Kevin Warsh will deliver on his commitment to bring inflation back down to the 2 per cent target.
The widely expected decision to leave the benchmark interest rate in the 3.50 per cent to
Fed Expected to Hold Rates, But Warsh Could Shock the Street
The Fed is expected to hold interest rates steady when it concludes its two-day meeting today. But Wall Street still says there's a 35% chance Chairman Kevin Warsh could shock markets and hike rates. Bloomberg's Michael McKee has more on what to watch for. (Source: Bloomberg)
