BUSINESSFORTUNE
Kevin Warsh’s first big press conference shines a spotlight on confusion over how the Fed actually measures inflation
Federal Reserve Chair Kevin Warsh highlighted confusion over inflation measurement methods during a press conference following a contentious 9-3 vote to keep interest rates steady in July 2026. The Fed's preferred inflation gauge showed a June 2026 rate of 3.7%, above its 2% target, while alternative metrics like the Dallas Fed's 2.2% and Atlanta Fed's 'sticky' (2.8%) and 'flexible' (5.1%) readings further complicate assessments.
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