Fed's table is set for a rate hike, a first under Warsh ↧ ↧ Fed's table is set for a rate hike, a first under Warsh Federal Reserve Chairman Kevin Warsh dislikes giving any guidance about the likely path of U.S. interest rates, but elevated inflation, oil at more than $100 a barrel, and his own emphasis on ​the need to deliver price stability and to pay attention to signals from financial market pricing appear to leave little doubt about what's next.