Warsh offers no fresh signals on interest rates

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Trending on The Hill - October 16, 2026

Trending on The Hill - October 16, 2026

Federal Reserve Chair Kevin Warsh declined Friday to predict central bank officials’ future course on interest rates, less than two weeks before they meet to discuss monetary policy. 

“I don’t prejudge meetings. I don’t believe in saying now what I might do at the meetings that we have in the balance of this year,” Warsh told Kristalina Georgieva, managing director of the International Monetary Fund (IMF), in Bangkok, Thailand.

Officials on the Federal Open Market Committee (FOMC), including Warsh, voted unanimously last month to raise interest rates by a quarter point to a range of 3.75 percent to 4 percent.

After that vote, Warsh said the hike was an attempt to tame inflation, which has exceeded the Fed’s 2 percent target for more than five........

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