US Federal Reserve Chairman Kevin Warsh said on Friday that high inflation in the world's largest economy was "concerning," as he opened a key central bankers' meeting in Jackson Hole, Wyoming. Warsh, who has been reticent to share his views on the economy since he took office, said that the central bank's "predominant focus right now should be on prices."

Federal Reserve Chair Kevin Warsh delivers his first Jackson Hole address on Friday with long-term borrowing costs elevated, inflation above target and the US Treasury already…

Fed Chair Kevin Warsh delivers his first Jackson Hole address as 30-year yields top 5.2% and US inflation stays above target for a fifth straight