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US Equity Futures Mostly Flat Pre-Bell as Fed Chair Kevin Warsh Avoids Interest Rate Guidance

10/16/2026

US equity futures traded mostly unchanged ahead of the Friday open as Federal Reserve Chair Kevin Warsh declined to offer guidance on the central bank's next interest rate move.

The Dow Jones Industrial Average futures were flat, while S&P 500 futures rose 0.1% and Nasdaq futures fell 0.2%.

Speaking at a fireside chat during the International Monetary Fund-World Bank Annual Meetings in Bangkok, Warsh acknowledged "synchronous tightening" by central banks globally but did not indicate the likely outcome of the Fed's October meeting, according to CNBC.

According to the CME FedWatch tool, market odds for a 25 basis point hike in October stood at 16.1%, a drop from Thursday's 27.7%.

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