Warsh Says Inflation Isn’t Slowing, Vows to Reach 2% Target

Federal Reserve Chairman Kevin Warsh warned that inflation isn't meaningfully slowing and said policymakers must be confident it is, otherwise the central bank has 'work to do.' His remarks signal a hawkish stance on monetary policy, suggesting that interest rates may remain elevated until price pressures subside. Warsh's comments come amid ongoing concerns about sticky inflation in the U.S. economy.