Fed chair Kevin Warsh rules out pre-empting rate decisions, stresses price stability

Federal Reserve Chair Kevin Warsh expressed surprise regarding the resilience of major economies in the face of tighter monetary policy and geopolitical shocks, according to The National UAE and The National Business. MarketWatch Top noted that Warsh chose not to shape market expectations ahead of the central bank's interest-rate-setting meeting in two weeks, maintaining his practice of leaving markets guessing.

WSJ Economy reported that the Fed chief stated, “We’re not in that business anymore,” following inflation data that prompted questions about the timing of the next increase.

Brief written by urgent.news from MarketWatch Top, The National UAE, The National Business, WSJ Economy — 4 reports on this story. Machine-written — may contain errors; check the original before relying on it.