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Kevin Warsh Struck a Hawkish Tone As The Fed Hiked Rates. Stocks Reversed Gains And Fell.

Kevin
International Business Times Fews App News Provider
Fews App Post Time Hace 13h

The FOMC said in its statement that "inflation remains elevated" and the decision "will support a timelier return to the Committee's 2 percent goal. " Most officials also projected another rate hike by the end of the year. Stocks reversed gains and plunged on Wednesday after the Federal Reserve hiked interest rates and chair Kevin Warsh struck a hawkish tone about future policy decisions.

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