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Federal Reserve Chairman Kevin Warsh said Friday that price stability remains a key priority for the central bank but declined to preview what action the Fed will take regarding interest rates at its upcoming meetings in October and December. Warsh's cautious stance reflects the Fed's traditional practice of avoiding public signals about rate decisions before formal meetings. The statement comes as inflation remains a concern for policymakers and households heading into the midterm election cycle.

Sources:PBS NewsHour

1 outlet · 1 article · first seen Oct 16, 2:00 PM ET

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