Kevin Warsh To Dedicate One Of Eight Fed Meetings From Next Year To Policy Strategy Instead Of Rate Setting
The U.S. Fed held rates steady at 3.75%-4%. The Federal Open Market Committee (FOMC) voted 10–2 to maintain interest rates at 3.75%–4%. Financial markets are heavily pricing in a quarter-point rate hike in December, anticipating further monetary tightening into mid-2027 to combat persistent inflation. Fed Chair Kevin Warsh announced a transition to fewer annual rate … Read more