FedSeptember 16 at 02:56 PM

Fed Chair Warsh (Q&A): Committed to a discipline not to a decision, and today's action starts to show they are serious about it

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Fed Chair Warsh underscored policy discipline over preset decisions as the Federal Reserve raised rates by 25 basis points to 3.75%-4.00% amid persistent inflation pressures.

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Fed Chair Warsh (Q&A): Committed to a discipline not to a decision, and today's action starts to show they are serious about it

What do investors think?

Today's market highlights

FOMC Summary of Economic Projections: Only 18 of 19 members submitted forecasts (expectations were for Warsh to not submit forecasts)

Fed hikes rates by 25bps to 3.75-4.00%, as expected; unanimous decision

FOMC STATEMENT COMPARE: