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The Nexus
BUSINESSJul 14 · 20:18 UTCFLORIDA PHOENIXAshley Murray

Fed Chair Warsh vows to fight inflation even as new CPI report shows 3.5% rise

Federal Reserve Chair Kevin Warsh pledged to reduce inflation following a 3.5% annual rise in the Consumer Price Index, driven by persistent food and fuel costs despite falling gas prices. Warsh addressed Congress, emphasizing adherence to data over political pressure amid heightened tensions with Iran and scrutiny over the Fed's independence from President Donald Trump.

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Kevin WarshpersonDonald TrumppersonBureau of Labor StatisticsorganizationConsumer Price IndextopicFederal ReserveorganizationFrench HillpersonHouse Committee on Financial ServicesorganizationIranplaceStrait of HormuzplaceWilliam Timmonsperson
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