EconomyWarsh faces challenge over whether inflation is a problem

U.S. auto prices rose at an annualized pace of about 5% in July, while housing and utility costs climbed more than 3.5%. Recreational goods prices surged by double digits, as households absorbed a 3.7% rise in living costs—nearly twice what the Federal Reserve has promised.

Federal Reserveinflationauto prices

People in this report Kevin Warsh

RReuters★★★☆☆2026-08-27 11:10Original