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Fed's Warsh sees US economic tailwinds, mum on rate-path view

BANGKOK — Federal Reserve Chairman Kevin Warsh voiced optimism on Friday about U.S. economic strength and surprise about how well global economies have been "hanging in there" amid recent geopolitical shocks, despite tighter monetary policy to fight inflation. "I came out of meetings here yesterday and today and it's hard to be in a discussion with central bankers and not compare notes and hear…

Fed's Warsh sees US economic tailwinds, mum on rate-path view

Federal Reserve Chairman Kevin Warsh expressed optimism about the U.S. economy and global economic resilience during recent geopolitical challenges, despite increased monetary tightening efforts to combat inflation. At the 2026 IMF-World Bank annual meetings in Bangkok, Warsh noted that central banks worldwide implemented synchronized rate hikes, leaving no room for free riders.

He emphasized that the U.S. Federal Reserve had explicitly aimed to deliver price stability, having raised interest rates by a significant margin in September. However, Warsh refrained from providing any indication of the potential need for additional rate hikes or their timing, adhering to his customary approach since assuming the Fed's leadership in May.

Written by urgent.news from The Korea Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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