Fed Chair Kevin Warsh declined to signal the central bank's next interest-rate move, saying he would not 'prejudge' policy decisions. Speaking at the IMF and World Bank Annual Meetings, he called artificial intelligence a 'positive supply shock' for the economy over the medium term, though it is hitting demand first. He said the US is seeing a massive surge in investment, a trend not equally visible across countries, which challenges the 'secular stagnation' theory. Some brokerages expect a possible rate hike in December, while markets broadly anticipate no change at the October 27-28 meeting. The Fed will reassess conditions at its October and December meetings, and its first field hearing of a task force is set for November 16.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Not going to prejudge : Fed Chair keeps rate outlook open ; calls AI positive supply shock
Read the original on ohiostandard.com ↗
Related tickers and likely impact
DXY
• NeutralRelevance: low
| 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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