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Fed keeps rates unchanged; new chairman Warsh anticipates FOMC summaries will be shorter…and to facts
Why this matters: an international story with cross-border implications worth tracking.
The Federal Open Market Committee from the US Federal Reserve voted unanimously to keep its benchmark overnight borrowing rate anchored in a range of 3.5%-3.75%. It was the first meeting of the Fed with the newly appointed chairman, Kevin Warsh.
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