Federal Reserve Chairman Kevin Warsh declared unwavering commitment to the 2% inflation target, signaling no monetary policy easing despite President Trump's calls for rate cuts. Warsh emphasized the Fed's independence and announced plans to leverage real-time economic data.

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…