Here are the five big takeaways from Kevin Warsh's first meeting as Fed chairman
The Federal Reserve and Chairman Kevin Warsh on Wednesday followed the script on interest rates closely.
The Federal Reserve and Chairman Kevin Warsh on Wednesday followed the script on interest rates closely.
Gundlach said Warsh's stance reduces the risk of overly accommodative monetary policy that could reignite inflation and push longer-term borrowing costs higher.
The median projection called for the federal funds rate to end 2026 at 3.8%, a quarter percentage point above the current target range.
This is a comparison of Wednesday's Federal Open Market Committee statement with the one issued after the Fed's previous policymaking meeting in April.
The Federal Reserve on Wednesday released its interest rate decision.
These are some of the stocks posting the largest moves midday.