Warsh Warns of Unpredictable Economic Conditions Amid Interest Rate Decision
Fed Chair Kevin Warsh spoke after the Federal Reserve's interest rate decision meeting. He emphasized the need for flexibility in monetary policy, citing 'unpredictable' economic conditions.
Warsh stated that the Fed is prepared to adjust its stance if necessary, but did not provide specific details on potential changes. The current federal funds target range remains between 2.25% and 2.5%