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Warsh Tells Congress Fed Has "No Tolerance For Elevated Inflation": Watch His Testimony Live
Warsh Tells Congress Fed Has "No Tolerance For Elevated Inflation": Watch His Testimony Live
Fed Chair Warsh (voter) will deliver his first semi-annual testimony as Fed Chair to the House. Warsh’ text was e released at 08:30EDT (link here) and he is scheduled to begin his testimony at 10:00EDT.
In his prepared remarks, Warsh said policymakers at the central bank have no tolerance for high inflation, reiterating a vow to tame price growth that has been elevated for five years.
“The members of our committee have no tolerance for persistently elevated inflation,” Warsh...
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