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

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

July 15, 2026

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Here are highlights from the new chairman’s testimony. He didn’t hint at an interest-rate path two weeks before the next policy meeting.

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