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At Warsh’s First Fed Meeting, Some Officials Signaled Support for Raising Interest Rates

NYT > Business·July 8, 2026
At Warsh’s First Fed Meeting, Some Officials Signaled Support for Raising Interest Rates

Kevin Warsh's first meeting as chairman revealed increased concern among officials about inflation, which has reached a three-year high. Some officials signaled support for raising interest rates to combat rising inflation. Warsh's meeting highlighted the growing unease about the current inflation rate. Officials' discussions indicated a potential shift in monetary policy to address the inflation concerns.

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