Fed's Warsh Says Interest Rates Aren't Holding Economy Back -- WSJ
Dow Jones2026/09/16 19:17By Paul Kiernan and Sam Goldfarb
Fed Chairman Kevin Warsh didn't give market participants much hope that Wednesday's rate increase would be a one-and-done event.
Asked whether he thinks monetary policy is weighing on economic activity following the hike, Warsh said that he "found it difficult to describe financial conditions as restrictive" and that most of his colleagues at the Fed agree.
Warsh said that raising rates by 0.25 percentage point had only "removed a dose of accommodation," suggesting that officials might want to see more restrictive financial conditions, i.e. a less frothy stock market and higher bond yields.
The S&P 500, which was higher on the session when Warsh started speaking, is now in the red.
This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).
(END) Dow Jones Newswires
September 16, 2026 15:17 ET (19:17 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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