JUST IN: 🇺🇸 Fed Chair Kevin Warsh says the Federal Reserve is not confident inflation is moving toward its target. "Inflation is too high."

What happened

The head of the United States central bank, Kevin Warsh, said the economy is growing stronger, but inflation is still too high. He confirmed a decision to keep prices stable, but also said the bank is not sure inflation will reach its goal. He refused to hint at future interest rate changes.

Global impact / market context

This matters because central bank actions affect borrowing costs for homes, cars, and businesses. If inflation stays high, the bank may keep interest rates up, making loans more expensive. If it drops, rates may fall, helping the economy grow. The lack of future guidance leaves investors guessing.

What to watch

1. Watch for any new monthly inflation report to see if price increases slow down. This will show whether the bank's confidence improves.
2. Watch for signals about further interest rate hikes. Warsh said he won't offer hints, so any official statement or meeting minutes become more important.
3. Watch for comments on economic growth, since he said growth is stronger. If growth data keeps improving, it may support holding rates higher.

Evidence

• X - cointelegraph ‏ — 🇺🇸 WARSH: "The economy has indeed strengthened. Underlying growth is higher. Inflation is the problem." 2026-09-16T19:10:23+00:00
• X - cointelegraph ‏ — 🇺🇸 FED CHAIR WARSH: Today's decision was the right move to ensure stable prices, supported by the underlying strength of the US economy. 2026-09-16T19:02:09+00:00
• X - WatcherGuru — JUST IN: 🇺🇸 Fed Chair Kevin Warsh says the Federal Reserve is not confident inflation is moving toward its target. "Inflation is too high." 2026-09-16T18:42:17+00:00
• X - solidintel_x — INTEL: Fed Chair Warsh says the FOMC is not yet confident underlying inflation is moving back to 2% Asked about further hikes, Warsh says he is not in the forward guidance business 2026-09-16T18:41:17+00:00
• Incident timeline — 🇺🇸 WARSH: "The economy has indeed strengthened. Underlying growth is higher. Inflation is the problem."
• Incident timeline — 🇺🇸 FED CHAIR WARSH: Today's decision was the right move to ensure stable prices, supported by the underlying strength of the US economy.
• Incident timeline — JUST IN: 🇺🇸 Fed Chair Kevin Warsh says the Federal Reserve is not confident inflation is moving toward its target. "Inflation is too high."
• Incident timeline — INTEL: Fed Chair Warsh says the FOMC is not yet confident underlying inflation is moving back to 2% Asked about further hikes, Warsh says he is not in the forward guidance business