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Fed rate-hike decision leaves markets focused on how far policy goes
Markets are weighing the outlook for additional rate increases after the chairman explained this week's decision and signaled questions about what comes next, CNBC Finance reported.
CNBC Finance reports that Wall Street is parsing remarks from Fed chairman Kevin Warsh to gauge how far the central bank will continue raising interest rates.
The outlet said the chairman both discussed this week's decision to increase rates and raised questions about the path for monetary policy going forward.
As a result, investors are looking for guidance on whether further hikes are likely, and what the next steps could mean for interest rate expectations.