Photo of Kevin Warsh from bloomberg.com via the Wall Street Journal It was a foregone conclusion that at its meeting that ended today, the Federal Open Market Committee (FOMC) would leave unchanged its target range for the federal funds rate at 3.50 percent to 3.75 percent. There was great interest, however, about whether at his … Continue reading "FOMC Holds Target Rate Constant as Warsh Promises Procedural Changes after First Meeting as Chair"