Fed's Warsh gives no hint on October policy decision

Kevin Warsh, chairman of the US Federal Reserve, during the International Monetary Fund (IMF) and World Bank annual meetings in Bangkok, Thailand, on Friday, Oct. 16, 2026. The IMF expects economic growth in the Asia-Pacific to slow this year and next, warning that rising energy prices and any pullback in the artificial-intelligence boom could test the region's resilience. Photographer: Sirachai Arunrugstichai/Bloomberg

 

BANGKOK: Federal Reserve Chairman Kevin Warsh on Friday said he does not "prejudge" interest-rate decisions, giving no preview of whether the central bank will hike or, as markets expect, hold short-term rates steady at its upcoming October 27-28 meeting.

In September, the Fed raised rates and "we made very clear that we would deliver price stability, and we removed a dose of accommodation," he said at the 2026 IMF-World Bank annual meetings in Bangkok.

"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." - Reuters