TechFortuneabout 3 hours ago
Fed's inflation measures diverge at Warsh press conference
9 min read
Federal Reserve Chair Kevin Warsh's July 2026 press conference highlighted confusion over inflation measurement, with the Fed's preferred gauge showing 3.7% inflation in June, down from 4.1% in May. The Fed held rates steady in a contentious 9-3 vote, with three dissents pushing for a hike.
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