Two Fed policymakers said stubborn inflation drove their dissenting votes for higher interest rates this week, a sign of mounting internal pressure on Chairman Kevin Warsh to act

The central bankers, Beth Hammack and Neel Kashkari, said Kevin Warsh’s Fed should have raised rates this week in the face of persistent price pressures. 2026-07-31 12:14:00 Matt Grossman

Continue ReadingTwo Fed policymakers said stubborn inflation drove their dissenting votes for higher interest rates this week, a sign of mounting internal pressure on Chairman Kevin Warsh to act