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06/17 19:04

HOT MOMENTS: FED Chair Kevin Warsh is Speaking Aft

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Federal Reserve Chairman Kevin Warsh is holding a press conference following the decision to keep interest rates unchanged. Here are the most important parts of Warsh’s statements: This meeting reflects the best traditions of the Federal Reserve. The goal is to implement monetary policy correctly. My colleagues and I are here to fulfill our legal duties. The mandate given to us by Congress to achieve price stability and full employment guides our meetings. Economic activity is expanding at a steady pace. Inflation is well above the 2% target.
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