The US Federal Reserve faces a tough policy decision as Chair Kevin Warsh weighs a potential rate hike to strengthen its inflation-fighting stance against the need to support an uncertain economy. While higher rates could help bring inflation back toward the 2% target, mixed labour market signals and energy price risks from the US-Iran conflict are pushing the Fed to remain cautious.

Fed Chair Warsh warns of ongoing inflation concerns. Rate hike in July at 16% YES.

The US Federal Reserve faces a tough policy decision as Chair Kevin Warsh weighs a potential rate hike to strengthen its inflation-fighting stance against the need to support an…