Browsing Tag

Kevin Warsh

The Fed raised rates to 3.75 %-4 % as inflation continues to rise

The US Federal Reserve decided to raise interest rates to the 3.75 %-4 % range in a scenario characterized by high inflation. This is the Fed's first rate hike since July 2013 and one of the most controversial decisions by the new chairman of the agency, Kevin Warsh. The rate increase could…

Fed leaves rates unchanged

Last week, Jerome Powell chaired the Fed's final meeting, keeping rates between 3.5 % and 3.75 %, before being replaced by Kevin Warsh at the end of the month. In an official statement, the Federal Reserve indicated that inflation in the…