INTEREST RATES: Warsh said inflation remains too high and the Fed will not accept anything above its 2% target.
- MORE RATE CUTS: The Federal Reserve (Fed) is ready to act again if necessary, but wants more economic data before deciding on its next move.
- ECONOMIC GROWTH: Third-quarter GDP is likely to grow by more than 3%, while business investment is increasing at twice that rate.
- MARKET VOLATILITY: Warsh said he is not surprised by the recent volatility in financial markets.
- OVERHEATING ECONOMY: Most Fed officials do not believe the economy is running too hot, despite strong growth.
- FOMC CHANGES: The Fed plans to change its meeting schedule, with just six policy-setting meetings a year expected starting in 2028.
- POLITICAL PRESSURE: Warsh declined to respond to Trump's criticism and said the upcoming midterm elections play no role in interest-rate decisions.
The biggest concern is that inflation remains too high even as the economy continues to grow strongly.
Warsh made clear that the Fed is ready to act again, but is not prepared to commit to another rate hike without more data.
#TheoDõiFOMC
- MORE RATE CUTS: The Federal Reserve (Fed) is ready to act again if necessary, but wants more economic data before deciding on its next move.
- ECONOMIC GROWTH: Third-quarter GDP is likely to grow by more than 3%, while business investment is increasing at twice that rate.
- MARKET VOLATILITY: Warsh said he is not surprised by the recent volatility in financial markets.
- OVERHEATING ECONOMY: Most Fed officials do not believe the economy is running too hot, despite strong growth.
- FOMC CHANGES: The Fed plans to change its meeting schedule, with just six policy-setting meetings a year expected starting in 2028.
- POLITICAL PRESSURE: Warsh declined to respond to Trump's criticism and said the upcoming midterm elections play no role in interest-rate decisions.
The biggest concern is that inflation remains too high even as the economy continues to grow strongly.
Warsh made clear that the Fed is ready to act again, but is not prepared to commit to another rate hike without more data.
#TheoDõiFOMC