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Fed Chair Warsh says US inflation is still too high and opens the door to rate hikes in fight against elevated prices

Americas 4 sources 2 countries 23m ago

Federal Reserve Chair Kevin Warsh stated on Friday at a conference in Jackson Hole, Wyoming, that United States inflation remains at an elevated level. In his remarks, Warsh indicated that the central bank may need to implement interest rate hikes in the coming months to address these price pressures, marking a shift toward a more explicit stance on his economic outlook.

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Stuff (Wellington/Auckland, New Zealand) Emphasizes uncertainty regarding the timing of the next rate hike
Read the full story at the source NPR News (National) · US
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