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Warsh Confirms Fed’s Inflation Focus | San Antonio News
New Fed chief Kevin Warsh shuts down rate-cut hopes, reaffirming the Fed’s unwavering commitment to fighting inflation—no matter what. He’s clear: price stability is non-negotiable, and the Fed’s independence remains intact. While his earlier stance favored lower rates, his current focus is squarely on taming inflation. Warsh dodged specifics on how, as usual, but hinted inflation’s momentum may be slowing—supported by falling gas prices and declining inflation expectations. The Fed’s latest meeting showed internal division, with many leaning toward higher rates this year. Listen in…
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