{"id":11074,"date":"2026-07-14T14:40:01","date_gmt":"2026-07-14T14:40:01","guid":{"rendered":"https:\/\/stock999.top\/?p=11074"},"modified":"2026-07-14T14:40:01","modified_gmt":"2026-07-14T14:40:01","slug":"warsh-says-fed-policymakers-have-no-tolerance-for-elevated-inflation","status":"publish","type":"post","link":"https:\/\/stock999.top\/?p=11074","title":{"rendered":"Warsh says Fed policymakers have ‘no tolerance’ for elevated inflation"},"content":{"rendered":"

<\/p>\n

The Fed chair takes questions on inflation, interest rates, and the path forward for the U.S. economy as lawmakers scrutinize the Federal Reserve\u2019s monetary policy strategy.<\/p>\n

Federal Reserve Chair\u00a0Kevin Warsh on Tuesday told House lawmakers that the central bank’s policymakers have “no tolerance for persistently elevated inflation” in his first testimony as Fed chief.<\/p>\n

Warsh said in his prepared testimony for the House Financial Services Committee that concerns about\u00a0inflation influenced the Fed’s decision to hold the benchmark federal funds rate steady at a range of 3.5% to 3.75% at the Fed’s June meeting.<\/p>\n

“The Fed’s number one objective is to get monetary policy right \u2013 or as near to it as we possibly can. That is our clear and constant aim, the star we steer by,” he said. “And if we get policy right \u2013 and we will \u2013 the inflation surge of the last five years will be a thing of the past.”<\/p>\n

“My colleagues and I recognize that high inflation has been an undue burden on American households and businesses. While monthly price fluctuations are inevitable \u2013 especially in an unsettled world \u2013 underlying inflation over longer time horizons is determined largely by monetary policy,” Warsh said.<\/p>\n

“The members of our Committee have no tolerance for persistently elevated inflation. And we share a resolute commitment to restoring price stability,” he added.<\/p>\n

FED POLICYMAKERS’ INFLATION WORRIES WEIGHED ON RATE CUT OUTLOOK AT WARSH’S FIRST MEETING<\/p>\n

Fed Chair Kevin Warsh told the House Financial Services Committee that the central bank won’t tolerate persistently elevated inflation. (Graeme Sloan\/Bloomberg via Getty Images)<\/p>\n

This is a developing story. Please check back for updates on Warsh’s testimony.<\/p>\n

#Warsh #Fed #policymakers #tolerance #elevated #inflation<\/p>\n","protected":false},"excerpt":{"rendered":"

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