Fed chair declines to signal future interest rate decisions
Chair Kevin Warsh declined to provide forward guidance following the September 16 rate increase. Warsh stated that broad financial conditions remain unrestrictive and described the move as removing accommodation.
Why it mattersWarsh's refusal to offer forward guidance means the Fed will not prejudge upcoming interest rate decisions.
How we got here
What's likely next
- The BEA is scheduled to release Personal Income and Outlays for August at 8:30 a.m. ET.
All coverage
The coverage
- Fed Raises Interest Rates in Push for ‘Timelier’ Retreat in InflationThe New York Times · Sep 22
- Transcript of Chairman Warsh's Press Conference -- September 16, 2026Gov
- Warsh's regime change at the Fed pushes aheadCNBC · Sep 25
- Inflation pressures raise prospect of Fed rate hike on eve of electionsReuters · Sep 23
- Federal Reserve rate hike reflects new world of sticky inflation and faster growthPBS · Sep 20
Analysis & opinion
- More Fed Officials Are Signaling Support For a New Hike Before The End Of The Year. Here's Where Chances Stand.International Business Times · Sep 24
- Fed Chair Kevin Warsh Defied President Donald Trump, and 17 Words From His Post-FOMC Meeting Press Conference Suggest He May Do So AgainThe Globe and Mail · Sep 20
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