Fed will vote on rates less often. What that could mean for borrowers
Summary
Federal Reserve Chairman Kevin Warsh plans to decrease the frequency of rate-setting votes. According to some economists, this adjustment might postpone financial relief for borrowers.
Fed Chairman Kevin Warsh said he plans to reduce the number of rate-setting votes, a move some economists say could delay relief for borrowers.
Source: Read the full story at US Top News and Analysis
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