WATCH LIVE: Fed Chair Kevin Warsh speaks after interest rate decision

Federal Reserve Chair Kevin Warsh will speak to reporters Wednesday following the central bank's decision to hold interest rates steady between 3.75 percent and 4 percent. This move occurs despite persistent inflation, partly driven by high energy prices from the war in Iran, and mounting economic pressures before the midterm elections. The decision follows a quarter point rate hike implemented six weeks prior, marking the first such increase in a significant period for the Fed.