Fed likely to keep rates on hold, but Warsh to face some strong dissension. What to watch: Live coverage
• Federal Reserve Chairman Kevin Warsh is presiding over his second meeting, where the central bank is expected to keep interest rates on hold. • Despite the likely status quo, Warsh is anticipated to face strong dissension from other officials regarding the Fed's monetary policy direction. • Market analysts suggest a hawkish tilt could cause the S&P to fluctuate between a 0.25% rise and a 0.5% drop depending on the Fed's rhetoric.
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