Chairman Kevin Warsh will pledge to lawmakers on Tuesday that the Fed will bring inflation down, saying members of its rate-setting committee “have no tolerance for persistently elevated inflation” 

The new chairman binds the Fed to a goal without hinting at interest-rate path, two weeks before a meeting where some officials could press for an increase. 2026-07-14 13:22:00 Nick…

Continue ReadingChairman Kevin Warsh will pledge to lawmakers on Tuesday that the Fed will bring inflation down, saying members of its rate-setting committee “have no tolerance for persistently elevated inflation”