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The Economic Times
The Economic Times

Fed's Warsh: Will decide on rate hike when policymakers 'shut the door' at next meeting

U.S. central bankers will decide whether to raise interest rates when they "shut the door" and begin their next meeting, U.S. Federal Reserve Chairman Kevin Warsh said on Wednesday at an international panel where he told questioners ‌they would "fail" to ⁠break his ⁠rule against forward guidance.

"We get into that room and shut the door, we're going to have a good debate, but I don't ​have much more for you than that," the U.S. central bank's new chief said at a panel appearance alongside other ​top monetary policymakers at the European Central Bank's annual policy forum in Sintra, Portugal.

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