Fed holds rates steady as more see hike ahead
Half of committee officials penciled in a hike this year in what was Kevin Warsh's first decision as Fed chairman.
Half of committee officials penciled in a hike this year in what was Kevin Warsh's first decision as Fed chairman.
The Federal Reserve decided to hold interest rates steady in the range of 3.5–3.75% at its June FOMC meeting on Wednesday, which was Kevin Warsh's first meeting as chair of the US central bank.Yahoo Finance Fed Correspondent Jennifer Schonberger breaks down the details in the video above.