economy
Fed is laser-focused on inflation drop, Warsh says
Despite the president's desire for the Fed to lower rates, Warsh reiterated that his No. 1 goal is to see inflation return to healthy levels.
TL;DR
- Federal Reserve Chairman Kevin Warsh is committed to lowering inflation to the 2% target.
- Warsh testified before the House Financial Services Committee on July 14.
- His number one goal is to see inflation return to healthy levels.
- This priority remains despite President Trump's desire for the Fed to lower rates.