Economic data
Fed Says More Data Will Help Next Decision as It Holds Rates: Fed Special
Bloomberg's Tom Keene, Jonathan Ferro and Lisa Abramowicz discuss remarks from Fed Chair Kevin Warsh after the Federal Reserve decided to hold interest rates steady. Warsh told reporters that more information would help the FOMC make it next decision and repeated his vow to get inflation down and deliver price stability, 'no ifs, ands or buts.' Warsh also revealed that the FOMC would phase in an adjusted meeting schedule, voting at seven of its eight meetings next year. (Source: Bloomberg)
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