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Fed Chair Warsh (Q&A): Decision today was the right one; reiterates they will deliver stable prices

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Fed Chair Warsh defended the 25bp rate hike to 3.75-4.00%, reiterating the central bank's commitment to timely price stability as most policymakers anticipate further tightening this year.

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Fed

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

INGFed

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

Fed

FOMC STATEMENT COMPARE: