CNN·2 min read·medium
Fed holds interest rates steady after cliffhanger meeting, but three officials dissent - CNN
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Elisabeth Buchwald, Allison Morrow, Jeanne Sahadi, John Towfighi, David Goldman, Lucy Bayly, Matt Stiles, Byron Manley, Bryan Mena, Phil Mattingly, Samantha Delouya, Matt Egan, Ariel Edwards-Levy, Jennifer Agiesta, Edward Wu
✦AI Summary
The Federal Reserve has decided to keep interest rates steady following a closely watched meeting, though three officials dissented from the decision. The report highlights the leadership style of the new Fed chairman during this period of economic uncertainty.
Kevin Warsh has been Fed chairman for less than nine weeks, as he was keen to note several times in his press conference Wednesday. In that short tenure, weve learned that hes a reticent guy. The wor…
economypolitics
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