No steer from Warsh on Oct. 27-28 rate decision

Federal Reserve Chair Kevin Warsh gave no steer on the Oct. 27-28 interest-rate decision, which shapes borrowing costs, at an Oct. 16 IMF fireside chat in Bangkok, Reuters reported. He said he does not 'prejudge' decisions and voiced optimism on U.S. economic strength. For borrowers and savers, that means waiting for the committee's official statement.