According to the Wall Street Journal, Federal Reserve Chair Kevin Warsh's first press conference was slightly shorter than usual.

Asked whether Fed officials had discussed rate cuts at the meeting through Wednesday, Fed Chair Kevin Warsh said "there was only one proposal on the table" and "no discussion of any other proposals." He said officials debated a single core issue vigorously and ultimately reached agreement. The Federal Reserve left the federal funds target range unchanged at 3.50%-3.75% in a unanimous vote.

Federal Reserve chair Kevin Warsh said FOMC members unanimously expect to achieve price stability.