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The Nexus
BUSINESSJul 14 · 12:37 UTCSEATTLE TIMESCHRISTOPHER RUGABER

Warsh says Fed has ‘no tolerance’ for high inflation but provides no hints on next move

Federal Reserve Chair Kevin Warsh emphasized the central bank's commitment to reducing high inflation during his first congressional testimony but did not indicate future actions. The Fed has 'no tolerance' for sustained inflation, but Warsh provided no signals about upcoming policy moves.

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