SUMMARY OF FED CHAIR WARSH'S STATEMENT:

1. The US economy is showing "impressive resilience"

2. Inflation "remains elevated" relative to the Fed's 2% target

3. The policy statement displays "just the facts" and "steers clear" of guidance

4. There is no soft inflation target,

🚨BREAKING: The Fed just delivered its most divided decision in years.

The Federal Reserve held its benchmark rate steady at 3.50%-3.75% for a 5th straight meeting,the longest streak of unchanged rates since the Great Financial Crisis.

This marks the first time since 2016 that

The chances of the Fed raising rates today are basically zero. The Fed Chair is the most influential person on the FOMC. He was appointed by Trump after repeatedly arguing that interest rates should be lower. He spent most of his career on Wall Street as a hedge fund manager and