Warsh to say Fed has 'no tolerance' for high inflation but provides no hints on next move
- Posted on July 14, 2026
- By Star Tribune
- 0 Views
- 1 min read
In brief
Federal Reserve Chair Kevin Warsh has reaffirmed the Fed's commitment to combating elevated inflation levels through written testimony, pledging decisive action to restore price stability. However, his statement notably lacks concrete guidance regarding upcoming monetary policy decisions or interest rate adjustments, leaving markets to interpret the central bank's strategic direction and timeline for potential rate changes moving forward.
Summary auto-generated by AI from the original publisher's content. Editorial standards.
Warsh to say Fed has 'no tolerance' for high inflation but provides no hints on next move
Federal Reserve Chair Kevin Warsh said in written testimony Tuesday the Fed will make high inflation ''a thing of the past," yet provided no signal about the central bank's next steps.
