Economic TimesLean R·
US Fed chair Kevin Warsh says this after holding rates steady
US Federal Reserve Chairman Kevin Warsh said he is fully committed to delivering price stability amid high inflation stoked by the escalating Iran war. Not giving any forward outlook or deeper insight into the FOMC policy, he said he had full confidence in the board despite the dissents to deliver the remit of reining in inflation.Reiterating that the committee was committed to delivering the 2% target, Warsh noted that there was perhaps a misimpression among market participants and households …
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