Politics2 sources
Fed Chair Declines to Predict Interest Rate Changes Ahead of Meetings
- Federal Reserve Chair Kevin Warsh declined to predict future interest rate decisions.
- Warsh's comments came less than two weeks before the central bank's monetary policy meeting.
- Warsh emphasized not prejudging meetings and not stating future actions in advance.
- The Federal Reserve's stance may lead to further interest rate hikes affecting mortgages and credit cards.
- Warsh's remarks were made in response to questions about the central bank's monetary policy.