Fed’s Warsh downplays inflation fears, offers no hint on upcoming rate decision

1 hour ago 5
Federal Reserve Chair Kevin Warsh early Wednesday addressed concerns about rising inflation, suggesting the numbers are declining. “Inflation risks have come down,” Warsh said during a panel with other central bankers at a conference in Portugal, adding that energy rates have dropped “quite substantially” since the U.S. and Iran signed a framework agreement last month. …

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