Fed Chairman Seeks to Calm Concerns About Elevated Inflation
Get the Finance newsletter
Daily finance — markets, central banks, M&A, the prints that move money. Free.
- Kevin M. Warsh said in a high-profile speech that the Federal Reserve was chiefly responsible for taming inflation.
- Warsh warned that if price increases did not return to the central bank's target quickly, 'we have work to do.'
Why it matters: Warsh's 'we have work to do' remark leans hawkish rather than reassuring, directly contradicting the headline's 'calm concerns' framing. His warning that price increases haven't returned to target indicates the Fed's leadership views the inflation fight as incomplete, not finished.
Ask SkimNews
