Warsh says economy has broadly tracked Fed expectations

Summary

Federal Reserve chair Kevin Warsh said the economy had broadly conformed with expectations since the September rate increase. The Financial Times reported that bets on a rate hold in October strengthened after his comments, while Axios said Warsh gave no explicit signal about the October decision.

Timeline

1. Financial Times

   16 Oct 2026, 06:37 UTCSource ↗

   The Financial Times reports that bets on the Fed holding rates in October strengthened after Warsh said the economy had broadly conformed with expectations since September's rate increase.

2. Axios

   16 Oct 2026, 10:25 UTCSource ↗

   Axios reports that Warsh said the economy had largely performed as expected since the September rate hike but made no explicit prediction for the October meeting.