Warsh Stands Firm on 2% Inflation Target | Spokane News

Spokane News Today | 2 Min | The Daily News Now! · Jul 1, 2026 · 1m

Fed Chair Kevin Warsh is doubling down on the 2 percent inflation target, refusing to soften policy even as markets bet on upcoming rate hikes. With no forward guidance and a defiant stance on independence, Warsh signaled that easy money is off the table under his leadership. At a major economic forum in Portugal, he urged markets to rely on real data—not central bank whispers—and warned that AI’s rise must be monitored for inflation risks. While other central banks navigate similar inflation challenges with different strategies, Warsh remains focused on U.S. economic fundamentals, leaving…