ABC News · WorldNews · 2026-08-28
Fed's Warsh: 'We have work to do' on inflation
Fed's Warsh: 'We have work to do' on inflation. Inflation eased slightly in July, the most recent month on record, but has spiked in recent months. Warsh did not directly comment on the central bank's interest rate plans. Investors are now pricing in a roughly 60% chance the Fed increases its key borrowing rate next month, up from 35% ahead of Warsh’s speech. Warsh had strong words about his commitment to fighting inflation.
Why it matters. Why it matters: Fed's Warsh: 'We have work to do' on inflation.
Read original on ABC News Get the app
Licensed summary · LicensedSummary
Related briefs
- Mohan Bhagwat, head of Rashtriya Swayamsevak Sangh (RSS), is due to address
- My Expectations Haven't Been Fulfilled': Ashwin Slams Rishabh Pant's Game
- Quota Reform Debate: Can India Rework Reservation Without Diluting Social
- Shabana Azmi Applauds Emraan Hashmi's Awarapan 2 Success, Reveals Why She
- Archana Puran Singh takes a dig at Orry's 'busy schedule' on India's Got Latent