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The Nexus
BUSINESSMay 23 · 13:00 UTCMARKETWATCHJeffry Bartash

Kevin Warsh’s Fed isn’t cutting interest rates any time soon. But a hike isn’t yet on the table, either.

The Federal Reserve, under new Chair Kevin Warsh, will not cut interest rates soon due to resurgent inflation but also will not raise rates for now as his leadership begins. The Fed is maintaining a pause in rate adjustments to assess economic conditions.

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