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Story summary
- Federal Reserve (Fed) Chairman Kevin Warsh warned that interest rates may need to rise in coming months.
- Warsh said inflation remains too high, with over half of goods and services up at least 3%.
- He criticized forward guidance, arguing oversharing policy decisions limits the Fed’s flexibility.
- Warsh said the 3.5%-3.75% range does not restrict activity, pointing to AI investment and consumer spending.
