Federal Reserve officials are approaching their next monetary policy meeting with tight-lipped caution, as one key member has refused to hint at whether rates will rise, fall, or stay unchanged. The central bank’s reluctance to telegraph its strategy underscores the delicate balancing act ahead, with economic signals still mixed and financial markets closely watching for clues. With less than two weeks until the decision, traders and policymakers alike will be parsing every word for signs of the Fed’s next move. The uncertainty highlights how even top officials avoid committing to a stance before the full committee convenes.
Federal Reserve Chair Kevin Warsh declined Friday to predict central bank officials’ future course on interest rates, less than two weeks before they meet to discuss monetary policy. “I don’t prejudge meetings. I don’t believe in saying now what I might do at the meetings that we have in the balance of this year,” Warsh...
