Warsh signals no October Fed hike as inflation persists

NYT · 4 hours ago
  • Fed Chairman Kevin Warsh suggested he will not push to raise borrowing rates at the October 2026 meeting.
  • Persistent inflation threatens to force the Fed's hand on rates despite Warsh's stance.

Quotes

“Kevin Warsh, the central bank’s chairman, suggested he wouldn’t push to raise borrowing rates this month.”— NYT

Sources