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Fed Chair Warsh Refuses Rate Guidance as Odds Rise

By Drooid · Oct 17, 2026, 2:05 PM UTC · How we work

Summary

Story summary

Federal Reserve (Fed) Chair Kevin Warsh declined to give forward guidance on rates at a Bangkok conference Oct 16, 2026.
Warsh said the Fed will not prejudge meetings and praised global synchronous tightening.
CME FedWatch odds of a rate hold at the Oct 28 meeting rose above 85%.
Long-term U.S. Treasury yields stayed above 5% after the speech.
Investors see under 15% chance of an October hike and about 90% chance in December.

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Story summary

Federal Reserve (Fed) Chair Kevin Warsh declined to give forward guidance on rates at a Bangkok conference Oct 16, 2026.
Warsh said the Fed will not prejudge meetings and praised global synchronous tightening.
CME FedWatch odds of a rate hold at the Oct 28 meeting rose above 85%.
Long-term U.S. Treasury yields stayed above 5% after the speech.
Investors see under 15% chance of an October hike and about 90% chance in December.