US Market: Fed Chair Warsh offers no signal on October interest-rate decision
Federal Reserve Chair Kevin Warsh gave no signal on whether the US central bank would change interest rates at its October 27-28 meeting, reiterating its commitment to price stability. Markets await further clues from economic data and policymakers on the rate outlook.
Federal Reserve Chair Kevin Warsh on Friday declined to signal whether the US central bank would raise interest rates or keep them unchanged at its October 27-28 policy meeting, saying he does not make decisions before scheduled deliberations.Speaking at the 2026 IMF-World Bank annual meetings in Bangkok, Warsh said the Fed had made clear its commitment to price stability when it raised rates in September, removing some monetary policy accommodation.US MarketsPowered ByAs on 16 Oct 2026, 01:30 AM ISTS&P 500 Top GainersTrade Desk13.13(7.80%)Equifax161.26(7.25%)Fair Isaac769.93(6.99%)Pool169.12(6.96%)Gainers»S&P 500 Top LosersCoterra Energy32.56(-8.62%)Hewlett Packard58.63(-7.10%)Dell Technologies473.39(-6.80%)Arista Networks185.58(-5.04%)Losers»Read more: Global Market: South Korean shares rebound, but head for biggest weekly loss in 18 yearsWarsh's remarks offered little clarity on the Fed's next move as markets largely expect policymakers to hold short-term interest rates steady at the upcoming meeting.
