Warsh Says FOMC Had 'Good Family Fight' on Fed Policy as Rates Stay Steady

Andrew Szczurowski, strategic income portfolio manager at Morgan Stanley Investment Management, said that it is still to be determined if Kevin Warsh will follow through on hawkish signals he gave...

By Bloomberg Markets · Bloomberg Markets

Andrew Szczurowski, strategic income portfolio manager at Morgan Stanley Investment Management, said that it is still to be determined if Kevin Warsh will follow through on hawkish signals he gave in his first press conference as Federal Reserve chair as the Fed held rates steady. Szczurowski, who was joined by Bloomberg Economy's Stuart Paul, said that despite the decision to hold rates, the FOMC remains very divided as members disagree on the direction the Fed should take interest rates. (Source: Bloomberg)