WS #13028

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Fed held rates at 3.5%-3.75% with 9-3 vote; three dissenters favored hike; Warsh's press conference lacked clarity; bond market steepening with 30yr yield at 5.14%.

Federal Reserve Holds Rates Steady with Dissent

Fed held rates at 3.5%-3.75% with 9-3 vote; three dissenters favored hike; Warsh's press conference lacked clarity; bond market steepening with 30yr yield at 5.14%.

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