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FOMC Hikes Funds Rate 25 BP For First Time In 3 Years To 3.75-4.0% Range

Warsh: Strong Economy, High Inflation Made FOMC ‘Remove Dose of Accommodation’- Warsh: Rate Hike Should Ensure ‘Timelier Return’ to Fed’s 2% Inflation Target- Warsh Refuses to ‘Prejudge’ Future FOMC Actions; No ‘Forward Guidance’- FOMC Participants Project Funds Rate At 4.1% end ‘26; 4.1% end ‘27…

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