The Federal Reserve decided to keep interest rates unchanged on Wednesday during Chair Kevin Warsh's first meeting in charge of the central bank. The Federal Open Market Committee (FOMC) reached a unanimous agreement to maintain the baseline interest rate within the range of 3.5 percent to 3.75 percent.
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Federal Reserve maintains interest rates at Warsh's first meeting
The Federal Reserve held interest rates steady at a range of 3.5 percent to 3.75 percent during Chair Kevin Warsh's first meeting. The decision was made unanimously by the Federal Open Market Committee.
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Federal Reserve holds rates steady at Warsh’s first meeting
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Federal Reserve maintains interest rates at Warsh's first meeting