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Kevin M. Warsh, who will preside over his second meeting as chairman of the central bank, faces pressure to raise interest rates as inflation remains elevated.
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The Fed holds interest rates steady for a seventh month, underscoring inflation concerns NBC NewsFed holds interest rates steady after cliffhanger meeting, but three officials dissent CNNFederal Reserve Live Updates: Kevin Warsh to Make a Close Call on Interest Rates The New York TimesFed Meeting Today: FOMC, Warsh Interest-Rate Decision Soon — Live Updates wsj.com
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Policymakers at the Federal Reserve are meeting to discuss interest rates Wednesday. They're expected to hold rates steady, but there's a chance they could raise rates to combat stubborn inflation.
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