WS #13025
Holding: newest synthesis is 106d 15h old
Fed held rates at 3.5-3.75% (9-3 vote, three dissents for hike), Warsh's press conference lacked clarity, Treasury yields spiked (30yr to 5.14%), and equities sold off sharply.
Fed Holds Rates Steady with Dissent
Fed held rates at 3.5-3.75% (9-3 vote, three dissents for hike), Warsh's press conference lacked clarity, Treasury yields spiked (30yr to 5.14%), and equities sold off sharply.