Federal Reserve Chairman Kevin Warsh is set to announce the central bank’s interest rate decision on Wednesday at 2:30 p.m.Warsh is expected to hold interest rates steady despite persistently high inflation, partly driven by elevated energy prices stemming from the war in Iran. Recommended Stories JOSH SHAPIRO MOVES INTO THE STARTING BLOCKS FOR 2028 WITH NEW PAC The central bank is expected to maintain the benchmark federal funds rate within the target range of 3.75% to 4% following the two-day policy meeting.
WATCH LIVE: Fed Chair Kevin Warsh speaks after interest rate decision
Full Article
Original Source
Read the full article at Washingtonexaminer →KhanList aggregates and links to publicly available news content. We do not host full articles from third-party sources. Always verify important information with original sources.