同花顺
同花顺|Oct 16, 2026 08:22
**[Federal Reserve's Kevin Warsh Avoids Rate Signal, Praises Global Synchronized Tightening: "No Free Riders"]** Federal Reserve Chairman Kevin Warsh delivered a speech in Bangkok on Friday, refusing to provide any clues about whether there will be another rate hike this month. He noted that central banks in multiple countries around the world are "synchronously tightening monetary policy" and stated that "no one can be a free rider." Warsh expressed optimism about the prospects of artificial intelligence, believing that economies that effectively utilize AI will see increased productivity and become wealthier. However, he also warned that the path forward will be "very bumpy." Federal Reserve Chairman Kevin Warsh did not release any signals regarding whether there will be another rate hike this month. At the same time, he mentioned that global central banks are "synchronously tightening monetary policy," emphasizing that "there are no free riders." "I will not preemptively judge the outcome of the Federal Open Market Committee (FOMC) meeting. I do not support making statements now to preemptively disclose what actions I might take at the remaining meetings this year," Warsh reiterated. He emphasized that he does not advocate using forward guidance to steer the market, stating that the market should rely on interpreting data to make its own judgments. He also acknowledged that this stance might disappoint those hoping for policy hints ahead of the FOMC meeting later this month. "The Federal Reserve has turned a new page; we no longer do this kind of (advance guidance). Of course, in terms of policy direction, we are keeping all options open." (Sina Finance)
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