EconomyWarsh says Fed has ‘work to do’ if US price rises fail to ease
Federal Reserve chair Kevin Warsh said summer inflation readings had improved less than expected but had not meaningfully changed the picture. He said the Fed must be confident underlying inflation is moving back to its 2% target quickly enough, otherwise it has “work to do”, suggesting rates could rise while stressing this was not forward guidance.
People in this report Kevin Warsh
Warsh says Fed has ‘work to do’ if US price rises fail to ease
Economy