Kevin Warsh, the new Federal Reserve chair, gestures during his swearing-in ceremony at the East Room of the White House in Washington on Aug. 22 (local time). [Reuters]
Kevin Warsh, the new Federal Reserve chair, gestures during his swearing-in ceremony at the East Room of the White House in Washington on Aug. 22 (local time). [Reuters]

The Federal Reserve raised its US growth rate outlook for this year to 2.3 percent, up 0.1 percentage point from its previous forecast.


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