The dollar weakened after Federal Reserve chair Kevin Warsh declined to hint at an October rate rise, according to a Financial Times headline. The full report wasn't available, so the size of the currency move, the market's reaction and Warsh's specific remarks can't be confirmed here. Details remain unclear. This item won't be updated until the complete report is accessible.
- us dollar
- kevin warsh
- federal reserve
- interest rates
- october rate rise
- foreign exchange
Reviewed by the editorial desk — October 16, 2026
Last updated October 16, 2026