Federal Reserve issues FOMC statement Federal Reserve (.gov)Here are the five big takeaways from Kevin Warsh's first meeting as Fed chairman CNBCUS stocks sink on worries about a possible hike to interest rates this year by the Federal Reserve Dallas NewsFederal Reserve policymakers show support for rate hikes as Warsh reins in guidance AP News
Nine of 19 officials who participate in Fed policy meetings penciled in at least one interest rate increase by year end, up from zero in March. It was Kevin Warsh's first as Fed chair.
Gundlach said Warsh's stance reduces the risk of overly accommodative monetary policy that could reignite inflation and push longer-term borrowing costs higher.
