WS #13025

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Fed held rates at 3.5-3.75% (9-3 vote, three dissents for hike), Warsh's press conference lacked clarity, Treasury yields spiked (30yr to 5.14%), and equities sold off sharply.

Fed Holds Rates Steady with Dissent

Fed held rates at 3.5-3.75% (9-3 vote, three dissents for hike), Warsh's press conference lacked clarity, Treasury yields spiked (30yr to 5.14%), and equities sold off sharply.

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