Fed Has ‘No Tolerance’ for Elevated Inflation, Warsh Says
Bloomberg 2026-07-14 12:57:02
Context: Federal Reserve Chairman Kevin Warsh stated that the Federal Reserve has zero tolerance for persistently elevated inflation, as part of his testimony to be delivered to the House Financial Services Committee. This statement comes ahead of his appearance on Tuesday morning.
Key Facts
- Federal Reserve Chairman Kevin Warsh said that the members of the Federal Reserve committee have no tolerance for persistently elevated inflation.
- Warsh's statement was part of testimony he was scheduled to deliver to the House Financial Services Committee on Tuesday morning.
- The information was reported by Michael McKee on Bloomberg Television, with the video available on Bloomberg's website.