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Fed's Kevin Warsh warns inflation is too high, sparking bets rate hikes are coming

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.

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Fed's Kevin Warsh warns inflation is too high, sparking bets rate hikes are coming
Source: NPR News
Federal Reserve chairman Kevin Warsh spoke to a gathering of economists and central bankers at the Jackson Lake Lodge in Wyoming Friday.

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.

(Image credit: Natalie Behring)

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