Despite the jump in inflation, Varash shows a stable outlook for the Federal Reserve

Federal Reserve Chairman Kevin Warsh said on Friday that the economy has performed largely as expected since raising interest rates in September, suggesting that the central bank's outlook has not changed much. Why it matters: The Federal Reserve is considering another rate hike later this month as inflation rises and the economy remains strong. Varsh said at the annual meeting of the International Monetary Fund and the World Bank: "During a month or so of that time,

Federal Reserve Chairman Kevin Warsh said on Friday that the economy has performed largely as expected since raising interest rates in September, suggesting that the central bank's outlook has not changed much. Why it matters: The Federal Reserve is considering another rate hike later this month as inflation rises and the economy remains strong. Varsh said at the annual meeting of the International Monetary Fund and the World Bank: "During a month or so of that time,