House Financial Services Committee
Warsh says Fed has ‘no tolerance’ for high inflation but provides no hints on next move
WASHINGTON | 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. Fed policymakers “have no tolerance for persistently elevated inflation,” Warsh said in his first appearance before Congress since becoming chair May 22, replacing […]