Rate hikes may be coming amid inflation, new U.S. Fed chief signals
Federal Reserve Chair Kevin Warsh said Friday that inflation is still too high and suggested the central bank may have to raise interest rates soon to bring it down.
Warsh signals possible rate hikes
- Warsh says Fed will have ‘work to do’ if inflation does not fall soon Financial Times —
- Fed Chair Warsh says US inflation is still too high and opens the door to rate hikes in fight against elevated prices The Philadelphia Inquirer —
- Fed chair Warsh, concerned about inflation, says bank ‘has more work to do’ The Philadelphia Inquirer —
- IMF's Georgieva on Warsh's Speech, 'Stubborn' Inflation Bloomberg —