He repeated his determination to bring inflation back to the US central bank’s 2 per cent target. Read more at straitstimes.com. Read more at straitstimes.com.

New Fed Chair Kevin Warsh held rates at 3.5-3.75% while vowing to hit 2% inflation, rattling Bitcoin and equities with hawkish rhetoric.

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…