Tag
#Federal Funds Rate
Economy
Fed Minutes: Rate Hikes Ahead If Inflation Persists
A majority of Fed officials are open to rate hikes if inflation persists, FOMC minutes show, handing Kevin Warsh a hawkish committee days before his swearing-in.
By Helena Brandt
Economy
Kevin Warsh walks into the Fed's biggest family fight in 34 years
Kevin Warsh takes over as Fed chair with inflation at 3.8%, the FOMC split 8-4 on rate policy, and markets pricing a 51% chance of a rate hike by December.
By Sloane Carrington