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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.

Federal Reserveinflationinterest ratesUS economy

People in this report Kevin Warsh

BBBC News★★★★☆2026-08-28 15:15Original

Warsh says Fed has ‘work to do’ if US price rises fail to ease
Warsh says Fed has ‘work to do’ if US price rises fail to easeEconomy