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Fed Chairman Warsh on decision to hold rates steady despite concerns over inflation
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Fed holds interest rates steady as inflation remains elevated
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Fed holds interest rates steady as inflation remains elevated
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The #FederalReserve held interest rates steady at 3.75% to 4% on Wednesday, with Fed Chairman Kevin Warsh pointing to resilient consumer spending, strong investment, and a historically low jobless rate. But he also said #inflation remains above the Fed’s 2% target -- and getting prices under control remains the focus.
2:57
The #FederalReserve held interest rates steady at 3.75% to 4% on Wednesday, with Fed Chairman Kevin Warsh pointing to resilient consumer spending, strong investment, and a historically low jobless rate. But he also said #inflation remains above the Fed’s 2% target -- and getting prices under control remains the focus.
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The fed is not raising rates
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CNBC's Andrew Ross Sorkin gives Steve Liesman his thoughts on what Liesman should ask Federal Reserve Chair Kevin Warsh at Wednesday's #Fed meeting. ⠀ Read more at the #linkinbio or the link on screen. #CNBC #kevinwarsh
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TikTokcnbc
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