The Aporia
Kurtenbach, E. (2026, October 16). Fed chair Warsh says price stability is key but shies away from signals about rates. Toronto Star. https://www.thestar.com/news/world/united-states/fed-chair-warsh-says-price-stability-is-key-but-shies-away-from-signals-about-rates/article_7b6eefeb-b970-5a21-aea5-acbd5fae87d4.html
Kurtenbach, Elaine. “Fed chair Warsh says price stability is key but shies away from signals about rates.” Toronto Star, 16 Oct. 2026, https://www.thestar.com/news/world/united-states/fed-chair-warsh-says-price-stability-is-key-but-shies-away-from-signals-about-rates/article_7b6eefeb-b970-5a21-aea5-acbd5fae87d4.html.
Kurtenbach, Elaine. “Fed chair Warsh says price stability is key but shies away from signals about rates.” Toronto Star, October 16, 2026. https://www.thestar.com/news/world/united-states/fed-chair-warsh-says-price-stability-is-key-but-shies-away-from-signals-about-rates/article_7b6eefeb-b970-5a21-aea5-acbd5fae87d4.html.
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On October 16, 2026, Federal Reserve Chairman Kevin Warsh spoke at an economic conference in Bangkok, where he avoided giving any signals about upcoming interest rate decisions for the U.S. central bank's meetings in October and December. Despite recent government reports showing increased inflation, Warsh stated that he does not prejudge meeting outcomes or provide forward guidance. This stance has led traders to bet on a hold in interest rates at the Fed’s next meeting scheduled for October 27-28, with odds jumping above 85% after his speech. The last rate hike was a quarter-point increase in September, raising the key rate to about 3.9%, the first such move since three years prior. Warsh emphasized that addressing price stability remains a priority but declined to specify further actions until meetings conclude.