skinny.

Latest / Odessa News Today | 2 Min News | The Daily News Now!

Warsh Warns Inflation Battle Not Over | Odessa News

Fed Chair Kevin Warsh is sending a loud message: inflation’s not done yet, and the central bank isn’t ready to ease up. Despite recent cooling, underlying trends remain stubbornly above the 2% target, and Warsh warned that without clear, fast progress, more action is needed. His comments—coming after replacing Powell—have Wall Street bracing for rate hikes, with two-year Treasury yields climbing as a sign. While the job market looks strong, Warsh says inflation won’t fix itself and that widespread price hikes of 3%+ are a red flag. The Fed’s next move is in September, and Warsh’s tone has…

The skinny

The skinny isn't ready yet — notes appear once the transcript is processed.