Fed Holds Rates Steady As Warsh Takes Helm: Fed Special

Bloomberg’s Scarlet Fu and Lisa Abramowicz discuss remarks from Fed Chair Kevin Warsh following the Federal Reserve’s latest policy decision on a special edition of Bloomberg Surveillance. Federal Reserve officials left interest rates unchanged and were split over whether they expect to raise rates this year.
Policymakers’ new projections indicated nine officials foresee at least one quarter-point hike this year, with six anticipating at least two. Another nine expected no move or a cut.
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