The Federal Reserve kept interest rates unchanged after its latest FOMC meeting as Chair Kevin Warsh faced the media over inflation, economic growth, and the outlook for future rate moves. Markets are watching closely for clues on whether the Fed will tighten policy later this year.Watch the full LIVE press conference, key takeaways from the Fed rate decision, Kevin Warsh's remarks, market reaction, inflation outlook, and what it means for the U.S. economy and global markets.

Fed Chairman Kevin Warsh presides over his second meeting with dissent in the air.

Federal Reserve policymakers are losing patience with inflation, but they may not be ready to turn their frustration into action -- not this week anyway.