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Warsh Warns Inflation Not Under Control | Tulsa News
Fed Chair Kevin Warsh warns inflation isn’t truly under control despite recent cooling, stressing the need for sustained progress toward the 2% target before pausing rate hikes. With the economy still strong—businesses investing in AI and consumers spending—he argues current rates aren’t enough to curb demand. His remarks at Jackson Hole signal caution ahead of the September meeting, hinting at possible future hikes as markets bet on December moves. Inflation remains stubbornly high at 3.7%, fueling ongoing political pressure for lower rates—and the Fed’s next move will be closely watched…
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