Fed Chair Kevin Warsh told lawmakers the central bank won't tolerate persistently elevated inflation and will take the steps needed to preserve price stability.
Federal Reserve Chair Kevin Warsh
on Tuesday told House lawmakers that the central bank's policymakers have "no tolerance for persistently elevated inflation" in his first testimony as Fed chief.
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on Tuesday told House lawmakers that the central bank's policymakers have "no tolerance for persistently elevated inflation" in his first testimony as Fed chief.
… [+4365 chars]