Fed's Warsh withholds rate signal, praises recent global tightening with 'no free riders'

Warsh refrained from signaling another interest rate hike this month, pointed to a "synchronous tightening" by central banks in the fight against inflation.
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Why it mattersWarsh refrained from signaling another interest rate hike this month, pointed to a "synchronous tightening" by central banks in the fight against inflation.