Shares of financial companies fell in a day marked by the first Fed decision under Chairman Warsh. Rates were held unchanged and Warsh pledged to bring inflation down to target. The FOMC penciled in a rate increase this year.

(Bloomberg) -- Wall Street traders gearing up for the Federal Reserve decision refrained from making big moves as they waited to see whether new Chair Kevin Warsh will validate…

Fed held rates at 3.50%-3.75% in Warsh's first meeting as chair, with Bitcoin and stocks slipping ahead of his debut presser.

Fed Holds Rates Steady, But More Officials See Higher Rates as Next Move

Shares of financial companies fell in a day marked by the first Fed decision under Chairman Warsh. Rates were held unchanged and Warsh pledged to bring inflation down to target.…

Fed Holds Rates Steady, but More Officials See Higher Rates as Next Move

New Fed Chair Kevin Warsh holds rates steady but signals a hawkish stance at his first FOMC meeting, rattling equities and pushing Treasury yields higher.

Shares of financial companies fell as the market prices in a greater chance of a rate hike this year following Wednesday's rate hold by the Federal Reserve.

Kevin Warsh’s first Federal Open Market Committee (FOMC) meeting as head of the central bank delivered a hawkish message to the market. While of...