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Markets · Investing · Business
Finance
Here's Where the Fed May Take Interest Rates Under Chairman Kevin Warsh
The new jobs report may have complicated the decision.
Federal Reserve Chairman Kevin Warsh began leading the U.S.'s central bank in March, and since then, the Fed has kept interest rates unchanged at both of its meetings. This past meeting, however, presented the largest Fed dissent in a decade, with nine policymakers voting to keep interest rates steady and three voting to raise them.
The Fed will hold its next meeting in September, and people are torn on which way the committee will rule. A couple of different factors at play make the decision not so clear-cut. However, signs are pointing to another meeting without an increase.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.
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