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‘Numbers are more concerning…’: Fed Chair warns rates may rise if inflation stays above 2% target
Fed Chair Kevin Warsh warns that interest rates may need to rise if underlying inflation fails to return clearly to the Federal Reserve’s 2% target. Speaking at Jackson Hole, Warsh said inflation remains too high and the Fed still has “work to do,” sending rate-hike expectations higher. Watch the latest on Kevin Warsh, Federal Reserve, inflation, interest rates, Fed rate hike, US economy, Jackson Hole and 2% inflation target.
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npr.org
Fed's Kevin Warsh warns inflation is too high, sparking bets rate hikes are coming
Fed Chair Kevin Warsh reiterated his commitment to fighting inflation in a major speech — raising expectations that rate hikes may be coming, though he did not clearly spell out a…
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apnews.com
Fed Chair Warsh signals rate hikes may be needed with inflation still elevated
Federal Reserve Chair Kevin Warsh says inflation is still too high and suggested the central bank may have to raise interest rates in the coming months to bring it down, a clearer…
