Fed's Warsh Warns of 'Work to Do' on High Inflation
In a highly anticipated speech, Federal Reserve Chairman Kevin Warsh expressed concern about persistently high inflation. According to ABC News' Andrew Dymburt, Warsh stated that 'We have work to do' on inflation.
The exact nature of the steps needed to address inflation was not specified in the speech. However, Warsh's comments suggest that the Federal Reserve is aware of the issue and is taking it seriously.