AxiosCenter·
Fed's Warsh stays mum on rate plans, pledges price stability
Federal Reserve chairman Kevin Warsh will tell Congress Tuesday that the central bank is determined to restore price stability, but again offered little guidance as to whether it may need to raise interest rates to achieve it. The big picture: Warsh has sought to end the Fed's modern practice of giving clear signals about its expected policy path, and continued that practice in his first congressional testimony as chairman. It comes as some of his Fed colleagues are debating whether there is a …
Read at Axios →
