Here are the five big takeaways from Kevin Warsh's first meeting as Fed chairman
The Federal Reserve and Chairman Kevin Warsh on Wednesday followed the script on interest rates closely. Grouped from 7 articles across 3 sources.
This is a comparison of Wednesday's Federal Open Market Committee statement with the one issued after the Fed's previous policymaking meeting in April.
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The Federal Reserve and Chairman Kevin Warsh on Wednesday followed the script on interest rates closely. Grouped from 7 articles across 3 sources.
The median projection called for the federal funds rate to end 2026 at 3.8%, a quarter percentage point above the current target range.
The Federal Reserve on Wednesday released its interest rate decision. Grouped from 4 articles across 3 sources.
Traders on prediction market platform Kalshi largely forecast a unanimous decision among FOMC members at Wednesday's meeting, after April's divided vote.
Gundlach said Warsh's stance reduces the risk of overly accommodative monetary policy that could reignite inflation and push longer-term borrowing costs higher.
Black students braved bullets to protest the discriminatory apartheid-era education policies.