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Warsh signals work to do on high US inflation

NEWSROOM by NEWSROOM
August 29, 2026
in BUSINESS, LIFESTYLE
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News of kuwait-lifestyle

WASHINGTON: US Federal Reserve Chair Kevin Warsh on Friday offered rare insight into his economic outlook, flagging that high inflation in the world’s largest economy was “concerning” and hinting that the central bank may need to act to curb it. Warsh, appointed by President Donald Trump and in office since May, was opening the annual central banking meeting in Jackson Hole, Wyoming, a storied venue for monetary policy watchers.

“On the price-stability side of our mandate, the numbers are more concerning,” Warsh said. He added that he would…

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