Federal Reserve Chairman Kevin Warsh was repeatedly asked about the Fed’s efforts to drive inflation down after years of too-hot price growth.

Federal Reserve Chair Kevin Warsh said Tuesday that the Fed will make high inflation “a thing of the past," yet he provided no signal about the central bank's next steps.

“There’s plenty of work to do” to reduce inflation to an acceptable level, Federal Reserve Chair Kevin Warsh said in testimony before the House Financial Services Committee.