Kevin Warsh Says Future Rate Decisions Cannot Be Predicted Amid Insufficient Evidence of Inflation Improvement

Kevin Warsh, Chairman of the U.S. Federal Reserve, said he will not pre-judge future monetary policy decisions, noting that there is still a lack of sufficient evidence showing that inflation trends have improved enough to meet the Fed's requirements.

According to a report from Walter Bloomberg on the 16th (local time), Warsh stated he would base his policy direction on upcoming economic indicators rather than making pre-determined decisions. He also pointed out that there is almost no information demonstrating that inflation flows have met the standards required by the Fed.

Warsh declined to comment on discussions with U.S. President Donald Trump.