Warsh experiences worst 'Fed day' S&P 500 performance for a new chair since 1994
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Warsh experiences worst 'Fed day' S&P 500 performance for a new chair since 1994
If the stock market is a report card, Federal Reserve Chairman Kevin Warsh isn't coming out of his first policy meeting with high marks. The S&P 500 tumbled 1.2% in Wednesday's session, with losses steepening during and after Warsh's inaugural press conference as chairman.
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