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Federal Reserve issues FOMC statement Federal Reserve (.gov)Here are the five big takeaways from Kevin Warsh's first meeting as Fed chairman CNBCUS stocks sink on worries about a possible hike to interest rates this year by the Federal Reserve Dallas NewsFederal Reserve policymakers show support for rate hikes as Warsh reins in guidance AP News
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18-Year-Old Dies in Fall From Horse Carriage in Central Park The New York TimesMan killed after horse-drawn carriage bolts and flips near popular New York City tourist destination Fox NewsCentral Park carriage horse gets loose, killing 18-year-old tourist visiting NYC ABC7 New York
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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.
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'A million years isn't enough': Victims' relatives confront Gilgo Beach serial killer at sentencing AP NewsGilgo Beach Serial Killer Receives Life Sentence After Guilty Plea The New York TimesGilgo Beach Killer's would-be victim: Sentence too lenient | CUOMO YahooSerial killer Rex Heuermann sentenced to life in prison without possibility of parole in emotionally raw hearing CNNTrump
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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.
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