The new Fed chairman avoided major stumbles in two days of testimony before the House and Senate, but faces a rapid test of his commitment to price stability.

Warsh to testify before Congress amid inflation concerns. No change in rates after July 2026 at 76.5% YES.

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.