US Federal Reserve chair Kevin Warsh says he will stick by 2% inflation target, vows to bring in real-time economic data for making interest rate decisions
Key takeaway
Fed Chair Warsh reaffirms 2% inflation target, signals no rate cuts despite political pressure.
- Step 1 · The triggerFed Chair Warsh reaffirms 2% inflation target, signaling no rate cuts; US 10Y term premium rises.
Source: IN:Economic Times
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