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US Fed Chair Kevin Warsh Remains Silent on October Interest Rate Decision
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CNBC TV18•16-10-2026, 12:22
US Fed Chair Kevin Warsh Remains Silent on October Interest Rate Decision
- •US Federal Reserve Chair Kevin Warsh declined to provide any signal regarding the central bank's upcoming interest rate decision during a chat in Bangkok.
- •Speaking alongside IMF Managing Director Kristalina Georgieva, Warsh stated that he does not believe in pre-judging Fed meetings.
- •Warsh noted that rising prices are a global issue and mentioned that an investment surge is driving structural growth in the global economy.
- •He warned that artificial intelligence will impact the demand side of the economy before causing a supply shock, with uncertain near-term effects on jobs.
- •The Fed's next meeting is scheduled for October 27 and 28, following a September rate hike that brought rates to a range of 3.75% to 4 percent.
Key Questions Answered
US Federal Reserve Chair Kevin Warsh declined to provide any signal regarding the central bank's upcoming interest rate decision during a Fireside Chat in Bangkok on October 16, 2026. He stated that he does not believe in pre-judging Fed meetings.
The next US Federal Reserve meeting is scheduled to run on October 27 and 28, 2026, which is less than a week before the country's midterm elections.
Kevin Warsh warned that artificial intelligence will impact the demand side of the economy before causing a supply shock. While he expects AI to increase productivity and wealth, he noted the path will be bumpy and the near-term impact on jobs remains uncertain.
