Warsh says none of 19 at table felt we needed to tighten today

- Federal Reserve Chairman Kevin Warsh said Wednesday that nobody at the central bank wants rates to go up in the near term.

In response to a question that indicated the current data would argue for a rate hike, Warsh said “that judgment you expressed was not expressed by any of the 19 people around the table. We'll be meeting in six weeks—we'll take up the issue again.”