Fed Chair Warsh Statement on Interest Rate Decisions and Economic Outlook
Speaking at the IMF and World Bank meetings in Bangkok, Fed Chair Warsh emphasized that no pre-judgments have been made for the October and December meetings.
Speaking at the annual meetings of the International Monetary Fund (IMF) and the World Bank held in Bangkok, Fed Chair Warsh stated that he has not pre-judged the interest rate decisions ahead of the meeting scheduled for October 27-28.
Making evaluations at the 2026 annual meetings of the International Monetary Fund (IMF) and the World Bank in Bangkok, Fed Chair Warsh touched upon the Fed's monetary policy steps. Warsh stated that he did not pre-judge the outcomes ahead of the meeting to be held on October 27-28, expressing that it is not right to talk in advance about what might be done in the remaining meetings of the year. Noting that the economic outlook will be re-evaluated at the meetings in October and December, Warsh emphasized that interest rate decisions will be shaped according to economic data.
Recalling that interest rates were raised at the September meeting, Warsh stated that these decisions were taken in line with the price stability target and a certain amount of monetary easing was pulled back. Stating that the US economy is going through a structural growth process and that there is a strong increase in investments, Warsh conveyed that sound policies are effective in supporting global economic growth. Noting that global developments since the September Federal Open Market Committee (FOMC) meeting are in line with the Fed's expectations, Warsh added that in the past, they may have been overly sensitive to the lingering effects of the global financial crisis.