Why did the Fed hold off on raising interest rates? Warsh says it’s because an ‘information-rich’ period is coming.
Summary
Federal Reserve Chairman Kevin Warsh explained the decision to keep interest rates steady during a recent meeting. He stated that the central bank chose to wait because an upcoming period filled with economic data is approaching.
Federal Reserve Chairman Kevin Warsh addressed why the central bank didn’t raise interest rates on Wednesday.
Source: Read the full story at MarketWatch.com - Top Stories
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