Federal Reserve Chairman Kevin Warsh is detailing the central bank’s decision to raise interest rates for the first time in three years during a press conference on Wednesday afternoon.
Warsh is set to speak at 2:30 p.m. in Washington, D.C., shortly after the Fed announced it would raise rates by a quarter of a percentage point, which it was expected to do despite President Donald Trump’s opposition.
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[ H/T Washington Examiner ]
