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Bangkok Post
Bangkok Post
Business

New Fed chief declines to make rate prediction

Kevin Warsh Donald Trump US Federal Reserve Inflation Monetary Policy Washington D.C.
Federal Reserve chairman Kevin Warsh makes a point during a press conference after chairing his first meeting of the Federal Open Market Committee in Washington, DC, on June 17, 2026. (Photo: Reuters)

WASHINGTON - Federal Reserve chairman Kevin ‌Warsh did not submit an interest-rate prediction as part of the central bank’s quarterly economic projections on Wednesday, spelling changes ahead for what has become a key guidepost for investors on monetary policy.

The news came as the Fed held its benchmark interest rate unchanged, as widely expected, citing concerns about energy-led inflation over the near term.

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