Watch: Fed chair Kevin Warsh takes questions after interest rates raised

Federal Reserve chair Kevin Warsh addressed reporters on Wednesday following a 0.25 percentage point increase in interest rates. This action marks the first rate hike since 2023. Following the announcement by the Fed, Latin American markets experienced a decline. Warsh took questions regarding the decision to raise rates, which has directly impacted financial stability and investor sentiment across various international markets, specifically causing a downturn in the Latin American region shortly after the official announcement.