Federal Reserve Chairman Kevin Warsh has confirmed that the central bank will make a decision on whether to raise interest rates in four weeks' time.
The remark, delivered during a debate at the European Central Bank Forum in Sintra, Portugal, marks the latest signal ahead of what is expected to be Warsh's first major policy announcement.
The comment underscores the urgency with which markets are approaching the upcoming Federal Open Market Committee (FOMC) meeting.
Traders are currently repricing expectations for the Fed's next move, weighing the likelihood of a rate hike against the backdrop of persistent inflationary pressures.
Warsh's timeline provides a clear horizon for this uncertainty, forcing investors to position portfolios ahead of the decision.
Inflation risks remain a central concern for both US and European central banks.