Fed Chair Powell fails to provide any signals regarding interest rate movements in October
2026-10-16 12:33:39
According to CoinMeta, Federal Reserve Chairman Kevin Warsh stated at a meeting of the International Monetary Fund that he neither supports nor opposes the recent signals of interest rate hikes released by his colleagues, and that officials are not in a hurry to raise rates this month. He emphasized that the Federal Reserve no longer announces policy decisions in advance, and that this will not be the case in the future. Warsh pointed out that investors should focus on the economy, rather than the hints from Federal Reserve officials. Although the futures market reflects a significant decrease in the probability of a rate hike in October, the core consumer price index rose by 0.33% month-on-month in September, indicating that inflationary pressures still exist. The Federal Reserve's October meeting will take place before the mid-term elections, and the decision will be subject to more political scrutiny.
Source:Internet
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