00:00The Federal Reserve is widely expected to keep interest rates unchanged,
00:04but investors will be listening closely for clues about what comes next.
00:08Attention is turning to Kevin Warsh, who could signal a more hawkish approach
00:13and leave the door open to further rate hikes if inflation remains persistent.
00:17Higher rates would keep pressure on borrowers, businesses and financial markets,
00:22while complicating the outlook for economic growth.
00:25Even without a move at this meeting, the Fed's message could shape expectations
00:29for the cost of money in the months ahead.
