Fed Chair Kevin Warsh's Inflation Statement Sparks Concern on Wall Street
Federal Reserve Chair Kevin Warsh delivered a concerning statement about inflation during his July 14 congressional testimony, raising doubts among investors despite recent easing in headline inflation. The U.S. trailing twelve-month (TTM) inflation rate had previously surged to a three-year high of 4.2% in May.
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Topics: Dow Jones Federal Reserve inflation Kevin Warsh Nasdaq Composite S&P 500