world-economy

Fed Chair Warsh Commits to Inflation Control in First Senate Testimony

Federal Reserve Chairman Kevin Warsh pledged Wednesday to bring inflation under control. He testified before the Senate Banking Committee for the first time since assuming the chairmanship. Warsh's testimony marked his initial formal address to lawmakers on monetary policy priorities. The commitment signals the central bank's focus on price stability. His testimony underscores the central bank's determination to address inflationary pressures.