The Federal Open Market Committee (FOMC) held the policy rate steady at the target range of 3.5%-3.75% for a fourth consecutive meeting. The move was fully expected by market participants. The post-meeting statement was significantly pared down relative to the April release. Economic growth is still characterized as expanding at a “solid” pace despite elevated […]The post Warsh’s Debut as Fed Chair UShers in a Hawkish Hold appeared first on ActionForex.