Federal Reserve Chair

July 16, 2026 ・Original Analysis

Warsh Vows “No Tolerance” for Inflation. Do We Believe Him?

In his first appearance before the House Financial Services Committee on July 14, new Federal Reserve Chair Kevin Warsh took a firm stance, telling lawmakers that the central bank has “no tolerance for persistently elevated inflation.” Warsh confirmed that June’s Federal Open Market Committee meeting left the federal-funds-rate target unchanged at 3.50 to 3.75 percent, […]

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