Dow closes 500 points lower as Warsh's first Fed meeting sets off surge in bond yields: Live updates CNBCThe Fed's new era begins. Here's what it means for your money CNNFederal Reserve policymakers show support for rate hikes as Warsh reins in guidance AP NewsKevin Warsh showed that he's decisively not Trump's ‘sock puppet'—and markets didn't like it Fortune
Nine of 19 officials who participate in Fed policy meetings penciled in at least one interest rate increase by year end, up from zero in March. It was Kevin Warsh's first as Fed chair.
Officials at the Federal Reserve were split between no cuts this year and one or more rate increases as they braced for higher inflation, according to a new set of projections.
Kevin Warsh takes questions from reporters for the first time since taking over as Chairman of the Federal Reserve. Warsh and his colleagues are expected to hold interest rates steady today.
This is a comparison of Wednesday's Federal Open Market Committee statement with the one issued after the Fed's previous policymaking meeting in April.
