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July 14, 2026

Fed Chairman Kevin Warsh Asserts Independence in Interest Rate Decisions

  • Warsh states the Fed will maintain its independence in setting interest rates, unaffected by political influences.
  • He reaffirms the Fed's goal of achieving a 2% inflation target amidst recent economic data.
  • Warsh acknowledges a recent report showing consumer prices fell by 0.4% in June, easing some inflation concerns.