Brief
ANALYSIS: Warsh’s Fed Sends Blunt Message
Kevin Warsh has chaired his first Federal Open Market Committee meeting, and he wasted no time making clear this is a different central bank. The FOMC held the federal funds rate at 3.50%–3.75% on We
Kevin Warsh has chaired his first Federal Open Market Committee meeting, and he wasted no time making clear this is a different central bank. The FOMC held the federal funds rate at 3.50%–3.75% on Wednesday, the fourth consecutive meeting without a move. The decision was unanimous and widely expected. What wasn’t fully priced in was the degree...
Source
- Connect CREconnectcre.com
