The Federal Reserve is expected to keep interest rates on hold this week. But for investors, economists and anyone hoping for lower borrowing costs, the bigger question is what comes next under new Chairman Kevin Warsh.
New Federal Reserve Chairman Kevin Warsh holds his first policy meeting this week as investors await signals on interest rates.
Inflation has risen recently but officials are watching whether higher prices feed into wages before considering rate hikes.
Warsh has said the Fed should focus on alternative inflation measures and potentially scale back news conferences and economic projections.
AI-generated summary was reviewed by a CNN editor.
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