‘Numbers are more concerning…’: Fed Chair warns rates may rise if inflation stays above 2% target
Fed Chair Kevin Warsh warns that interest rates may need to rise if underlying inflation fails to return clearly to the Federal Reserve’s 2% target. Speaking at Jackson Hole, Warsh said inflation remains too high and the Fed still has “work to do,” sending rate-hike expectations higher. Watch the latest on Kevin Warsh, Federal Reserve, inflation, interest rates, Fed rate hike, US economy, Jackson Hole and 2% inflation target.
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