Economic TimesLean R·
Fed's Warsh: Will decide on rate hike when policymakers 'shut the door' at next meeting
At an international monetary policy forum, Federal Reserve Chair Kevin Warsh stressed the necessity of maintaining a 2% inflation target. He notably refrained from giving any forward guidance on interest rates. Warsh's remarks have sparked debate among economists regarding potential future rate increases, as global central banks adopt varying approaches to tackle inflation and uphold the independence of the Federal Reserve.
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