The Federal Reserve maintained its interest rates between 3.5% and 3.75% after Kevin Warsh's initial meeting as chair of the central bank. Warsh has indicated plans to review the operations of the Federal Reserve.
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Federal Reserve Holds Interest Rates Steady Following Warsh's First Meeting
The Federal Reserve decided to keep interest rates steady at 3.5% to 3.75% during Kevin Warsh's first meeting as chair. Warsh plans to assess the functioning of the central bank moving forward.
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Original vs. Neutral
Original Headline
Warsh to review how Fed works after holding US interest rates at first meeting
Neutral Headline
Federal Reserve Holds Interest Rates Steady Following Warsh's First Meeting