Fed chair addresses inflation and says central bank’s job is ‘to deliver stable prices’ - short news
However, Kevin Warsh didn’t say if interest rates would change in coming months, as inflation remains stubborn
The US Federal Reserve is not done fighting high inflation, its chair, Kevin Warsh, said in his first major speech in the role on Friday, emphasizing that it is “the Fed’s job to deliver stable prices”.
Warsh did not indicate where the Fed will take interest rates in the coming months, despite US inflation remaining stubbornly above the central bank’s 2%..
source: The Guardian - 28.08.2026