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Warsh Says Politics Played No Role in Fed’s Rate Decision by Group He Is ‘Honored’ to Lead
Warsh said the decision reflected inflation data and policy debate, as one governor dissented and the Fed kept rates in the 3.75%-4.00% range.
Summary by WTVB
9 Articles
9 Articles
Sydney Morning Herald+4 Reposted by 4 other sources
‘Politics played no role’: Fed hits pause button ahead of midterms
The US central bank has left interest rates on hold, but inflation data due later this week is expected to show another increase in prices that will force it to raise them at its future meetings.
·North Sydney, Australia
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Fed boss Warsh fulfills market expectations – and yet the interest rate decision just before the interim elections makes clear once again how dangerous Trump's assault on the central bank is.
·Düsseldorf, Germany
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Warsh says politics played no role in Fed’s rate decision by group he is ‘honored’ to lead
By Howard Schneider and Ann Saphir WASHINGTON, Oct 28 (Reuters) - Federal Reserve Chairman Kevin Warsh on Wednesday said he is "honored" to lead the central bank's policymakers and said politics played no role in their decision to skip a rate hike, reb...
Coverage Details
Total News Sources9
Leaning Left4Leaning Right1Center2Last UpdatedBias Distribution57% Left
Bias Distribution
- 57% of the sources lean Left
57% Left
L 57%
C 29%
14%
Factuality
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