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Fed chair Warsh stresses price stability, avoids rate hints

Original: Fed chair Warsh says price stability is key but shies away from signals about rates

Kevin Warsh, speaking as Federal Reserve chair, emphasized that price stability remains the central bank's key priority while offering no indication of the direction of interest rate policy. The remarks, carried widely across US media, left markets and analysts without clear guidance on when or whether rates might move, sustaining debate over the Fed's next steps.

Why now: The new Fed chair's refusal to signal rate plans leaves investors and economists uncertain about monetary policy.

Kevin WarshFederal Reserve

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