Federal Reserve Chairman Kevin Warsh on Friday said he does not "prejudge" interest-rate decisions, giving no preview of whether the central bank will hike or, as markets expect, hold short-term rates steady at its upcoming October 27-28 meeting.
In September, the Fed raised rates and "we made very clear that we would deliver price stability, and we removed a dose of accommodation," he said at the 2026 IMF-World Bank annual meetings in Bangkok.
"I don't prejudge meetings. I don't believe in saying now what I might do at the meetings that we have in the balance of this year."
US interest-rate decisions affect global currencies, investment, borrowing and the economies of developing countries, including those dependent on loans and imports.