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Warsh Strikes Hawkish Tone After Delivering Rate Hike: 'Readings Do Not Tell Me Underlying Trends Have Meaningfully Improved'

Warsh
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Fed Chair Kevin Warsh struck a hawkish tone on Wednesday after the central bank delivered a widely expected rate hike. Getty Images Federal Reserve chairman Kevin Warsh struck a hawkish tone on Wednesday after the central bank delivered a widely expected interest rate hike, saying inflation has been "too high" for "too long. "Speaking to press after the decision, Warsh said that the Federal Open Market Commitee's "predominant focus is on the price stability side of our mandate.

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