Warsh Signals Higher-for-Longer Rates as Fed Raises Benchmark

Federal Reserve Chair Kevin Warsh signaled that interest rates could stay higher for longer after policymakers unanimously approved a quarter-point increase, citing persistent inflation despite a strong U.S. economy. The September 16 decision lifted the benchmark range to 3.75%–4.00%, while updated projections kept another increase in play before year-end. Strong Economy Supports Fed Rate Hike […] Read The Full Article Warsh Signals Higher-for-…