The Fed just raised interest rates by 25 basis points the first hike in over 3 years.
Chair Warsh said inflation is still too high and the committee voted unanimously to act.
They want to bring prices down faster and keep expectations under control.
New projections show inflation at 3.7% this year, expected to fall to 2.3% next year.
#FedRateWatch
Chair Warsh said inflation is still too high and the committee voted unanimously to act.
They want to bring prices down faster and keep expectations under control.
New projections show inflation at 3.7% this year, expected to fall to 2.3% next year.
#FedRateWatch