Federal Reserve holds interest rates steady as Trump's new chairman faces fresh inflation woes NBC NewsFed leaves interest rates unchanged but signals higher rates are ahead CNNHere are the five big takeaways from Kevin Warsh's first meeting as Fed chairman CNBC
Gundlach said Warsh's stance reduces the risk of overly accommodative monetary policy that could reignite inflation and push longer-term borrowing costs higher.
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.
