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Kevin Warsh offers few clues on the Fed’s next rate hike

By ChordNews · First written (updated )

Kevin Warsh says Fed is focused on taming rising prices, but gives no hint about next rate hike
Image: nbcnews.com
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Summary

Kevin Warsh offered markets few clues about Fed policy in his final public appearance before the central bank’s October meeting, according to CNBC. NBC News reports that Warsh said the Fed is focused on taming rising prices but gave no hint about its next rate hike; two inflation reports this week set the stage for a hike potentially sooner than previously expected.

Timeline

  1. NBC News

    Source ↗

    NBC News reports that Kevin Warsh said the Fed is focused on taming rising prices but gave no hint about its next rate hike, as two inflation reports this week set the stage for a hike potentially sooner than expected.

  2. CNBC

    Source ↗

    CNBC reports that Warsh offered markets few clues in his final public appearance before the Fed’s October meeting, while inflation numbers may indicate his policy direction.

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