Fed Chair Kevin Warsh told Congress the Federal Reserve is committed to bringing inflation back to its 2% target while addressing AI, interest rates and jobs.

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.

Federal Reserve Chair Kevin Warsh appears before the Senate Banking Committee to deliver the Semiannual Monetary Policy Report, facing tough questions on inflation, interest…