Fed Chair Kevin Warsh said Friday he won't prejudge the central bank's rate decisions at its October and December meetings. The Fed raised its key rate by a quarter point to about 3.9% in September, its first increase in three years, and elevated inflation will likely prompt another hike in the coming months. In a fireside chat with IMF Managing Director Kristalina Georgieva in Bangkok, he offered no fresh signals, saying the Fed would deliver price stability. Minutes show most officials expect another hike this year, while Warsh said AI-driven investment is one factor behind higher inflation and that the Fed's AI task force meets Nov. 16.
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Related tickers and likely impact
DXY
• NeutralRelevance: medium
| Market | Currencies |
|---|---|
| Close on 10/15/2026 | 101.98 |
| Change that session | -0.53% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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