Warsh Says Inflation Too High: 2% Is a 'Firm, Fixed Target' (UPDATED)
Fed Chairman Kevin Warsh says PCE inflation at 3.7% makes prices the Fed's predominant focus, and won't call financial conditions restrictive.
The Fed's leader says prices are going up too much (3.7% when they want 2%), so fighting inflation is the most important job right now. When leaders focus hard on one goal, it can change how stocks and money move, so it's worth watching what happens next.
Last session drawn · prints held ~15 minutes · licensed exchange data
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only — not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.