Quartz·1 min read·medium
Fed chair Kevin Warsh promises to defeat five years of elevated inflation in Congress debut
✦AI Summary
New Federal Reserve Chair Kevin Warsh held interest rates steady at 3.5%–3.75% during his first FOMC meeting. He also announced the creation of five task forces to conduct a comprehensive review of Fed operations.
Warsh held rates steady at 3.5%–3.75% at his first FOMC meeting and outlined 5 task forces to review Fed operations
economypolitics
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