Economy · Federal Reserve, Washington · United States of America · October 17, 2026

Fed chair Warsh keeps rate path open before October meeting

first reported Oct 16, 4:31 AM ET

Federal Reserve chair Kevin Warsh gave no signal on another interest rate hike in his last public remarks before the central bank's October meeting, while praising a 'synchronous tightening' by central banks worldwide. Upcoming inflation data may decide the move.

The story so far

1. Oct 17Fed chair Warsh keeps rate path open before October meeting
2. Oct 18US federal interest costs hit record $1 trillion

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Sources

• CNBC ↗Oct 16, 8:36 AM ET
• CNBC ↗Oct 16, 4:31 AM ET

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