Economy

Warsh signals steady Fed outlook despite inflation jump

Federal Reserve chairman Kevin Warsh said Friday that the economy has largely performed as expected since September's rate hike, hinting that little has changed in the central bank's outlook. Why it matters: The Fed is weighing another interest rate increase later this month as inflation heats up and the economy remains strong. What they're saying: "Over the month or so that's transpired since then, the world has broadly conformed to our expectations," Warsh said at the IMF and World Bank annual