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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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The Federal Reserve and Chairman Kevin Warsh on Wednesday followed the script on interest rates closely.
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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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Kevin Warsh doesn't need to hike rates to spook investors.
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Interest rates didn't change, but the language in Fed's policy statement, which it released alongside its rate decision today, certainly did.
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