Warsh remarks could outweigh expected Fed rate hike,
Fed expected Wednesday to hike for first time since 2023; scrutiny will focus on how Fed chair Kevin Warsh describes the move amid stubbornly high inflation.
The Federal Reserve is expected on Wednesday to raise interest rates for the first time since 2023, in a move driven by persistently high inflation and a global increase in borrowing costs. S. central bank chief Kevin Warsh characterizes the first monetary policy meeting of the year.