Fed holds, stocks fold: Cold start for new Fed Chair Kevin Warsh
The Federal Reserve announced that it’s holding interest rates steady after Kevin Warsh's first meeting as the new chair. President Trump reacted to the Fed’s
The Federal Reserve announced that it’s holding interest rates steady after Kevin Warsh's first meeting as the new chair. President Trump reacted to the Fed’s decision to leave interest rates unchanged, and about reports of a potential rate increases later this year.
“It’s alright, whatever” Trump said. “It could happen, it’s hard to believe. It just keeps the country down.” Wednesday’s meeting was Warsh’s first as Fed Chair. He replaced Jerome Powell after his term came to an end.
LiveNOW’s Mike Pache spoke about rates, and the stock market with Greg Robb from MarketWatch. Subscribe to LiveNOW from FOX! Where to watch LiveNOW from FO Raw and unfiltered. Watch a non-stop stream of breaking news, live events and stories across the nation.
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The BriefWire