Fed Officials Split on Inflation Ahead of Warsh Speech

Federal Reserve officials remain divided on their outlooks for inflation ahead of a speech by Fed Chairman Kevin Warsh.

Warsh is scheduled to speak Friday morning at the central bank's annual conference in Grand Teton National Park.

The mixed signals come as some officials argue higher interest rates are needed to tame prices while others signaled less urgency.

This divided outlook suggests that there is no clear consensus among Fed officials on how to address inflation.