WS #13029

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Fed holds rates at 3.5-3.75% with 9-3 vote; three dissenters favor hike; Chair Warsh signals willingness to act on inflation, causing bond yields to spike and equities to sell off.

Fed Holds Rates, Hawkish Dissent

Fed holds rates at 3.5-3.75% with 9-3 vote; three dissenters favor hike; Chair Warsh signals willingness to act on inflation, causing bond yields to spike and equities to sell off.

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