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Federal Reserve holds rates with short statement and hawkish projections
The Federal Reserve maintained current interest rates while issuing a short statement and hawkish projections. Kevin Warsh removed explicit forward guidance, but his colleagues anticipate at least one rate increase will be necessary.
Related Signal
Adjacent reporting
- Federal Reserve holds rates steady as Kevin Warsh chairs his first meeting - and now a rate hike is looking more likely than a cut this year
- Navarro to Fed: ‘Don’t even think about’ rate hikes
- BOE Holds Rates as Officials Signal Future Hikes
- Colombian Central Banker Says Interest Rates Need to Go Higher
- Watch live: Powell gives remarks as Fed holds interest rates steady