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'Won't Hesitate To Act': Fed Holds Rates, But Warsh Leaves Door Open For Future Hikes

'Won't Hesitate To Act': Fed Holds Rates, But Warsh Leaves Door Open For Future Hikes

The Federal Reserve held rates at 3.50%-3.75%, while Kevin Warsh warned policymakers won't hesitate to raise borrowing costs if inflation remains persistent.

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