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Fed Eyes Inflation Amid Global Risks | Odessa News
Federal Reserve Chair Kevin Warsh hit the Capitol Hill stage for his first congressional appearance, delivering a firm message: the Fed has zero tolerance for persistent inflation and remains laser-focused on getting prices back to normal. With recent data showing inflation cooling—especially thanks to plunging gas prices—the outlook looks promising, though core inflation still hovers above the 2% target. Warsh deflected questions about political pressure, reaffirming the Fed’s independence and commitment to data-driven decisions. But looming risks include Middle East tensions jacking up oil…
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