Businessscore 757·7 metrosupdated 4h ago

Fed Chair Warsh Addresses Inflation Concerns Amid Divided Committee

Federal Reserve Chair Kevin Warsh emphasized the Fed's commitment to combating high inflation in his testimony before Congress, but offered no clear guidance on future interest rate changes. With inflation currently at 4.1%, the Fed faces internal divisions on how to proceed, as some members advocate for rate hikes while others suggest maintaining or cutting rates.

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Los AngelesDetroitHampton RoadsBaltimoreBostonPhiladelphiaMiami–Ft. Lauderdale

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