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Fed Chair Warsh tells Congress the FOMC has ‘no tolerance for persistently elevated inflation’

Barchart·07/14/2026 09:12:06
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(Kitco News) – New Federal Reserve Chair Kevin Warsh used the opening statement of his first testimony before Congress to present a positive depiction of the state of the economy, and a vision for monetary policy centered on the price stability side of the central bank’s dual mandate.