Fed Removed Dose of Accommodation With Hike, Chairman Warsh Says

Watch on YouTube ↗  |  September 16, 2026 at 18:57  |  4:00  |  Bloomberg Markets
Speakers
Kevin Warsh — Federal Reserve Chairman

Summary

Federal Reserve Chairman Kevin Warsh says the FOMC raised rates by a quarter percentage point and removed a dose of accommodation. He cites a strengthening US economy, a strong labor market, and robust credit flows, but says inflation remains too high and has not meaningfully improved. Warsh says the Fed is focused on price stability and its 2% PCE objective, and he flags rising commodity/key input prices as an inflation risk to watch.

  • Fed raises rates by 25 basis points and removes accommodation.
  • Warsh describes the US economy as strengthening and resilient.
  • Labor market is near full employment with low jobless rate.
  • Inflation remains too high and above target for over five years.
  • Summer inflation readings show no meaningful underlying improvement.
  • Commodity and key input prices have risen and bear watching.
  • Fed remains committed to price stability and the 2% PCE objective.
  • Policy stance is tighter with focus on keeping inflation expectations anchored.
Ideas
Kevin Warsh Federal Reserve Chairman 0:33
Hawkish Fed supports higher US rates
The FOMC raised rates by a quarter point and removed a dose of accommodation because the US economy is strengthening, labor markets are near full employment, credit flows are robust, and broad financial conditions are not restrictive. With inflation still too high and not meaningfully improving, Warsh says the Fed is focused on price stability and its 2% PCE objective, implying a tighter policy stance and higher US interest rates.
US Interest Rates HIGH
Kevin Warsh Federal Reserve Chairman 2:23
Commodity input prices worth monitoring
Warsh says overall commodity prices bear watching because many key input prices have risen since his first FOMC meeting in June. That adds to inflation risk and could keep the Fed focused on tighter policy, making commodities/key inputs a monitoring item.
DBC MED
Up Next
32:33
Warsh Faces Markets and Trump
Bloomberg Markets · Sep 16
31:06
The CLARITY Act Failed - What Happens to Crypto Now?
Milk Road Macro · Sep 16
5:30
Rep. Josh Gottheimer: You can't get rid of data centers, but put them only where people want them
CNBC · Sep 16
2:30
U.S. dollar gets strong bid in reaction Fed's 25 bps rate hike
CNBC · Sep 16
20:18
Circle Launched Its Own Blockchain. What Happens to Ethereum?
CoinDesk · Sep 16

This Bloomberg Markets video, published September 16, 2026, features Kevin Warsh discussing US Interest Rates, DBC. 2 trade ideas extracted by AI with direction and confidence scoring.

Speakers: Kevin Warsh  · Tickers: US Interest Rates, DBC