{
  "id": 15008075,
  "title": "Fed chair Warsh says price stability is key but shies away from signals about rates",
  "url": "https://urgent.news/2026/10/16/fed-chair-warsh-says-price-stability-is-key-but-shies-away-from",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-16T17:21:26.000Z",
  "source": {
    "name": "PBS NewsHour",
    "slug": "pbs-newshour",
    "url": "https://www.pbs.org/newshour/economy/fed-chair-warsh-says-price-stability-is-key-but-shies-away-from-signals-about-rates"
  },
  "original_language": "en",
  "account": "Federal Reserve Chairman Kevin Warsh emphasized price stability as the primary goal during a fireside chat with International Monetary Fund Managing Director Kristalina Georgieva at a financial leaders' meeting in Bangkok. However, he refrained from making any predictions about interest rate decisions at the upcoming meetings in October and December. The Federal Reserve raised its key interest rate by a quarter-point to around 3.9% in September, its first increase in three years, to combat persistently high inflation. Warsh indicated that the central bank would likely hike rates again in the coming months to further reduce spending and temper price pressures. Despite the Federal Reserve's rate hike defying President Donald Trump's calls for lower rates, Warsh received support from the president, whom he appointed earlier this year. He cited the surge in investment driven by the artificial intelligence craze as one of the factors contributing to the current inflation surge. Warsh believes AI will bring significant benefits to the global economy in the long run, while also acknowledging that it is currently challenging for Fed economists to predict future economic trends using lagging data.",
  "summary": "Federal Reserve Chairman Kevin Warsh said Friday he won't prejudge what the U.S. central bank will do about interest rates at its upcoming meetings in October and December.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Cointelegraph",
        "title": "Bitcoin price steadies around $82K after Fed’s Warsh avoids rate-hike hints",
        "url": "https://urgent.news/2026/10/16/bitcoin-price-steadies-around-82k-after-feds-warsh-avoids-rate-hike",
        "published": "2026-10-16T15:45:43.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}