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Warsh Says Fed Rates Stayed 3.75%–4% After September Hike

By Drooid · Oct 16, 2026, 2:53 PM UTC · How we work

Summary

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Federal Reserve (Fed) Chairman Kevin Warsh said the economy showed resilience at an IMF-World Bank event in Thailand.
Warsh called AI the most consequential change, boosting short-term demand inflation while promising long-term supply gains.
He noted the Fed raised rates 25 basis points in September to a 3.75%-4% range, its first in three years.
Warsh declined to preview the Fed’s Oct 27-28 meeting decision, urging markets to react to the economy.

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Story summary

Federal Reserve (Fed) Chairman Kevin Warsh said the economy showed resilience at an IMF-World Bank event in Thailand.
Warsh called AI the most consequential change, boosting short-term demand inflation while promising long-term supply gains.
He noted the Fed raised rates 25 basis points in September to a 3.75%-4% range, its first in three years.
Warsh declined to preview the Fed’s Oct 27-28 meeting decision, urging markets to react to the economy.