India, June 17 -- All eyes are on Kevin Warsh who will be having his first conference as a Fed Chair. Investors, economists, and markets are closely watching Warsh's first press conference as it will reveal what he sees as the biggest challenges facing the U.S. economy. Warsh is expected to provide less detailed guidance about future rate moves than previous Fed leaders usually did.

The Fed is in a difficult position right now. The U.S. economy has added a good number of jobs for three months in a row, but inflation has also been going up. Because of this, most experts expect the Federal Reserve to keep interest rates unchanged at 3.5% to 3.75%, according to USA Today. If the Fed decides not to change rates, it will continue the same app...