Warsh Warns Fed Has 'Work to Do' on Persistent Inflation
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In separate remarks at the Jackson Hole economic symposium, former Federal Reserve Chairman Kevin Warsh emphasized that the Fed still has work to do to control inflation. Despite recent improvements in inflation readings, Warsh cautioned that underlying trends have not significantly improved, suggesting a potential rate hike. He stressed the need for continued vigilance and action to combat persistent inflation.
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Warsh says Fed has 'work to do' if above-target inflation persists
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