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The Marked Chart Wire · Economy and the Fed
Fed
Federal Reserve Chair Kevin Warsh has described the central bank's future direction for interest rates, a development that has drawn attention from Wall Street investors.
Part of a series: Fed holds rates steady as officials debate next steps
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Fed
Alberto Musalem stated the central bank must lift borrowing costs soon to curb persistent inflation. He believes acting early with small steps prevents severe economic instability.
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Federal Reserve Governor Christopher Barkin stated that the central bank has signaled a gradual approach to policy. He noted that while the direction is straightforward, the pace of future moves depends on upcoming data.
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The president stated that the Federal Reserve is reluctant to reduce interest rates.
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Larry Hassett stated that the Federal Reserve will likely respond if October inflation data comes in significantly higher than expected.
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US equity index futures traded in different directions on Thursday following the Federal Reserve's decision to keep interest rates unchanged.
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Federal Reserve Chair Kevin Warsh indicated a preference for higher interest rates but stated he would wait for economic data before making a final decision.
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