Federal Reserve Chair Kevin Warsh spoke Friday at the IMF-World Bank Annual Meetings in Bangkok.

Warsh stated the global economy has shown unexpected resilience against economic shocks. He noted the AI boom is affecting the demand side of the economy before the supply side, and described the transition as potentially very bumpy.

Warsh also said recent inflation data does not justify changing the current policy path.

Multiple outlets reported Warsh provided no clear guidance on future monetary policy during the meetings.

Following the latest CPI release, CME futures market implied probability of an October Federal Reserve rate hike rose from 22% to 54%.

In August 2026 at Jackson Hole, Warsh had stated the Federal Reserve's 2% PCE inflation target is a firm, fixed policy goal.