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BUSINESSJul 14 · 12:36 UTCWDIV CLICKONDETROITChristopher Rugaber, Associated Press

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

Federal Reserve Chair Kevin Warsh emphasized the Fed's commitment to reducing high inflation but provided no guidance on future rate decisions. A divided Fed committee has mixed expectations about rate changes, while factors like the Iran war, oil prices, and AI-driven semiconductor demand are influencing inflation trends.

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