Business & Finance
Fed’s Warsh to Get Final Word in Bangkok as Inflation Roars Back
Key Points
Fed’s Warsh to Get Final Word in Bangkok as Inflation Roars Back September’s hot inflation data lit up expectations that the Federal Reserve may raise interest rates this month, a prospect that appeared unlikely after policymakers in recent weeks signaled they had time to wait. Fed Chairman Kevin Warsh has vowed not to steer markets with his own near-term outlook for monetary policy. But the inflation surprise will heighten scrutiny of his remarks late Thursday New York time in Bangkok,...
Fed’s Warsh to Get Final Word in Bangkok as Inflation Roars Back
September’s hot inflation data lit up expectations that the Federal Reserve may raise interest rates this month, a prospect that appeared unlikely after policymakers in recent weeks signaled they had time to wait.
Fed Chairman Kevin Warsh has vowed not to steer markets with his own near-term outlook for monetary policy. But the inflation surprise will heighten scrutiny of his remarks late Thursday New York time in Bangkok, where he is scheduled to appear in a fireside chat with International Monetary Fund Managing Director Kristalina Georgieva.