FILE PHOTO: U.S. Federal Reserve Chairman Kevin Warsh holds a press conference, in Washington

U.S. Federal Reserve Chairman Kevin Warsh conducted a press conference in Washington, D.C., following a two-day meeting of the Federal Open Market Committee (FOMC). During this session, the Federal Reserve decided to hold interest rates steady. The event took place at the Federal Reserve headquarters in July, where Warsh addressed the media regarding the committee's decision to maintain current rates, ensuring stability in the monetary policy following the extensive deliberations of the FOMC members.