Fed's July Interest Rate Move Clouded by Uncertainty

Federal Reserve Chair Kevin Warsh has pledged to bring inflation back to its 2% target, but it's unclear how he plans to get there. As the central bank heads into its July meeting, Americans are struggling to make ends meet.

Warsh has made it clear that his goal is to return inflation to its target rate, but the exact methods he will use to achieve this remain uncertain. The Fed's decision in July will be closely watched, as it could have a significant impact on the economy and consumers' wallets.