Fed Says US Economy Is Not Running Too Hot

Federal Reserve Chairman Kevin Warsh stated that the US economy is not running too hot despite AI investment pressures. He noted productivity improvements and steady interest rates.

US Federal Reserve Chairman Kevin Warsh holds a press conference, following a two-day meeting of the Federal Open Market Committee (FOMC), at the Federal Reserve in Washington, DC, US, October 28, 2026. REUTERS/Kylie Cooper

The United States economy is not running too hot, Federal Reserve Chairman Kevin Warsh said on Wednesday afternoon. The central bank opted to hold rates steady following its policy meeting. Warsh noted that productivity gains are supporting growth without fueling inflation.