Fed Chair Warsh Says What Happened In 7 Weeks Since We Last Met, Data Has Shown Economy Has Strengthened; Inflation Trends Were Not Passing Test And Seen Little To Change That; My Colleagues Are Hard Pressed To Describe Financial Conditions As Restrictive; We Decided To Remove A Dose Of Accommodation; I've Always Been Interested In A Neutral Rate Academically, But Don't See It Having An Operational Effect On Decisions Today
https://www.youtube.com/watch?v=D_5bQnxxWAE
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Why It Matters
The Fed leader said the economy is doing better and inflation is still too high. The Fed decided to slow down its help, which means borrowing money might cost more soon.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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