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 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