Fed Chair Warsh Says Economy Expanding at Strong Pace
Kevin Warsh said inflation remains elevated. Fed officials voted 10-2 Wednesday to hold the key interest rate at 3.75% to 4%.
By Paul KiernanFederal Reserve Chairman Kevin Warsh opened his post-meeting press conference saying economic activity is expanding "at a strong pace" but inflation remains elevated.Fed officials voted 10-2 on Wednesday to hold the key interest rate steady at between 3.75% and 4%. Cleveland Fed Pres…