Highlights From Fed Chair Warsh’s First News Conference

Federal Reserve Chair Kevin Warsh led his first Federal Open Market Committee meeting, where the decision was made to keep interest rates unchanged for the fourth consecutive time. While the committee vowed to deliver price stability, new quarterly projections from some officials suggest a potential rate hike by the end of the year. All twelve members of the Federal Open Market Committee supported the decision to maintain rates during this initial policy session and news conference.