FOMC Highlights: Fed Keeps Rates On Hold; Warsh Says 'Won't Hesitate' If Inflation Lingers

In a 9-3 vote, the Fed decided to leave rates unchanged in the 3.5%-3.75% range. Warsh signalled that future hikes weren't ruled out to combat inflation.

FOMC Highlights: Fed Keeps Rates On Hold; Warsh Says 'Won't Hesitate' If Inflation Lingers
In a 9-3 vote, the Fed decided to leave rates unchanged in the 3.5%-3.75% range. Warsh signalled that future hikes weren't ruled out to combat inflation.