Fed Chair Warsh Highlights Investment Boom, Says No Rate Decision Is Predetermined
Federal Reserve Chair Warsh said the global economy is experiencing structural growth and a surge in investment, describing stronger investment as a key driver of the economic upturn.
He attributed the investment surge to sound policies and said artificial intelligence is likely to affect economic demand before its impact on supply becomes apparent.
Warsh said global developments since the September FOMC meeting have largely matched expectations, while acknowledging that US monetary policy and international economic conditions influence each other.
He stressed that the Fed remains committed to price stability and will assess changes in output, employment and inflation when making policy decisions.
Warsh said the October and December FOMC meetings will be important, but cautioned against predicting their outcomes or assuming a predetermined policy path for the remainder of 2026.
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Federal Reserve Chair Warsh said the global economy is experiencing structural growth and a surge in investment, describing stronger investment as a key driver of the economic upturn.
He attributed the investment surge to sound policies and said artificial intelligence is likely to affect economic demand before its impact on supply becomes apparent.
Warsh said global developments since the September FOMC meeting have largely matched expectations, while acknowledging that US monetary policy and international economic conditions influence each other.
He stressed that the Fed remains committed to price stability and will assess changes in output, employment and inflation when making policy decisions.
Warsh said the October and December FOMC meetings will be important, but cautioned against predicting their outcomes or assuming a predetermined policy path for the remainder of 2026.
$SPY $QQQ