Federal Reserve Chair Kevin Warsh said that inflation is still too high and suggested the central bank may have to raise interest rates in the coming months to bring it down, a clearer signal than he had sent previously about his economic outlook. Questions about Warsh’s approach have intensified amid President Donald Trump’s continued calls for lower interest rates Key points and original sources are listed below.
- Federal Reserve Chair Kevin Warsh said that inflation is still too high and suggested the central bank may have to raise interest rates in the coming months to bring it down, a clearer signal than he had sent previously about his economic outlook.S1S3
- Questions about Warsh’s approach have intensified amid President Donald Trump’s continued calls for lower interest ratesS2