The central bank appeared divided over future interest rate moves in its previous meeting. That marks a reversal from last month’s unanimous vote to keep interest rates within their current range. what has kevin warsh said about interest rates? Warsh, who has been noncommittal on the near-term path of interest rates, said central bank officials have “no tolerance for persistently elevated inflation.” In the FOMC’s June meeting, officials expected no changes to interest rates until a cut in Q2 2027.