October 16, 2026

Federal Reserve Chairman Kevin Warsh Leaves Door Open for October Rate Hike

Traders expect the Federal Reserve to hold rates steady in October, with only a 15% probability assigned to a hike.
Chairman Kevin Warsh has not committed to a specific decision but indicated he could push for a rate increase based on inflation data.
Warsh's hawkish stance contrasts with recent remarks from other Fed officials, raising uncertainty about the committee's direction.

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