WASHINGTON (AP) — New Federal Reserve Chair Kevin Warsh said Wednesday that the central bank would remain independent and seek to bring down inflation, likely foreclosing the rate cuts President
WASHINGTON (AP) — New Federal Reserve Chair Kevin Warsh said Wednesday that the central bank would remain independent and seek to bring down inflation, likely foreclosing the rate cuts President Donald Trump has sought.
In remarks at a central bank conference in Sintra, Portugal, Warsh said that if businesses or households thought the Fed would accept inflation above 2%, “I guess they’d be disappointed. We’re going to deliver price stability.”
Federal Reserve Chair Warsh emphasizes political independence, signals focus on inflation
Trump’s new Fed Chair Kevin Warsh pledges independence while fighting inflation
New US central bank boss asserts political independence amid Trump pressure
Federal Reserve Chair Kevin Warsh vows no changes to Fed independence
Kevin Warsh vows to combat inflation amid investor scrutiny
New Federal Reserve Chair Kevin Warsh said Wednesday that the central bank would remain independent and seek to bring down…
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