Warsh ends Fed forward guidance in first meeting as chair

HousingWire·Jun 17

✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source

Kevin Warsh's first meeting as Fed chair resulted in no change to interest rates. The decision was made amid concerns about inflation, with some officials reportedly split on the direction of future rate changes. It appears that forward guidance has been ended, and the possibility of future rate increases has been left open to combat inflation.

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