Matt Grossman

​The Federal Reserve is set to release its latest interest-rate decision at 2 p.m. ET, with Chairman Kevin Warsh's press conference to follow half an hour later. Here's what to watch for: Will any policymakers dissent in favor of higher rates? After last month's quarter-point increase, the cen

Two officials voted against the Federal Reserve’s decision to hold rates steady on Wednesday: Beth Hammack and Lisa Cook. The dissent from Hammack, president of the Cleveland Fed, isn’t unexpected. Hammack has been one of the most hawkish members of the policy committee this year. She also dissente

Kevin Warsh said the Federal Reserve will vote on interest rates at only seven of its eight policy meetings next year, using the other meeting to discuss monetary-policy strategy more broadly. In 2028, he said, the annual number of policy votes will fall to six. Warsh has spoken before about the p

Fed Chairman Kevin Warsh said that the looming midterm elections didn’t dissuade Fed officials from raising rates this week. “Politics played no role in the decision,” Warsh said. During the Fed’s meeting this week, “I didn't hear an utterance about politics. I didn't hear a reference to politics,

Federal Reserve Chairman Kevin Warsh said that when the central bank turns one of its eight annual meetings into a strategy-focused session next year, it doesn't plan to release a traditional policy statement, as it now does traditionally after all eight annual meetings. The exact format of the meet

Federal Reserve Chairman Kevin Warsh ended the press conference by saying that he has no plans to participate in a disciplinary hearing the White House has tried to schedule for next week, part of President Trump's ongoing effort to fire Fed governor Lisa Cook. "Not to my knowledge," Warsh said, wh

The Fed voted 10–2 to hold interest rates steady at 3.75% to 4%, but investors still expect rates to move higher in December. Here is how it played out: An unsurprising outcome, with an unexpected dissent Investors weren't caught off guard by the Fed's decision to put off another rate hike unt

The Fed voted 10–2 to hold interest rates steady at 3.75% to 4%, but investors still expect rates to move higher in December. Here is how it played out: An unsurprising outcome, with an unexpected dissent Investors weren't caught off guard by the Fed's decision to put off another rate hike unt

The inflation metric targeted by the Federal Reserve sped up in September, showing why elevated price increases hang over the central bank's next moves.

The inflation metric targeted by the Federal Reserve sped up in September, showing why elevated price increases hang over the central bank’s next moves.