Warsh, After Talking Tough on Inflation, Faces a ‘No-Win Situation’ on Rates

Kevin M. Warsh, the chairman of the Federal Reserve, must soon decide whether to raise interest rates if inflation does not ease, even if it draws President Trump’s ire.

An inflation measure closely watched by the Federal Reserve stayed elevated last month in the latest sign that many Americans are still struggling with higher costs

America In Focus: key inflation gauge remains high; Fed's Warsh signals rate hikes may be needed  AP News

JACKSON HOLE, Wyoming (AP) -- Federal Reserve Chair Kevin Warsh said Friday that inflation is still too high and suggested the central bank may have t

Federal Reserve Chair Kevin Warsh said there is still work to do on inflation. At the Fed's annual economic symposium in Jackson Hole, Wyoming, Warsh also said that although he is not committed to a rate hike, he is not ruling it out. Amna Nawaz discussed more with Nick Timiraos of The Wall Street Journal.

Warsh says recent reports on inflation coming down does not tell him "underlying trends have meaningfully improved."

The Fed chair stopped short of signaling a rate hike but said the central bank may have "work to do" if price trends don't improve

US Federal Reserve Chair Kevin Warsh’s comments reassured investors that fighting inflation remains the Fed’s main priority.

U.S. Federal Reserve Chair Kevin Warsh said that inflation is still too high and suggested the central bank may have to raise interest rates.

Comments from the new Fed chair appeared to reassure Wall Street that fighting inflation remains the priority for the central bank.

Warsh signals Fed may need to raise rates if above-target inflation persists  Reuters

Warsh had strong words about his commitment to fighting inflation.

After confusing markets at his July press conference, Fed Chairman Kevin Warsh used Jackson Hole to give a clearer view of the case for higher interest rates.

Fed Chair Kevin Warsh reiterated his commitment to fighting inflation in a major speech — raising expectations that rate hikes may be coming, though he did not clearly spell out a path going forward.

The US central bank will “have work to do” if policymakers are not confident that underlying inflation is returning to its 2 per cent target, Federal Reserve Chairman Kevin Warsh said on Friday in remarks that acknowledged financial conditions do not appear restrictive and marked the closest he has come to acknowledgin

Wall Street cranks up bets on September increase in borrowing costs following central bank chair’s Jackson Hole address

Federal Reserve Chair Kevin Warsh signaled on Friday the Federal Reserve is not ruling out an interest rate hike as inflation remains too high. “We must be confident that underlying inflation is moving to our objective, clearly and at sufficient speed. Otherwise, we have work to do,” Warsh said in a speech at the Fed’s

The Federal Reserve may soon consider raising interest rates after new data showed inflation didn't change from June and is higher than expected. CBS News contributor J.D. Durkin has more information.