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Federal Reser
2026-07-23 21:15:16

Fed Chair Warsh Heads to Congress as CPI, Rate Decisions Hang in the Balance

Fed Chair Kevin Warsh will testify before House and Senate panels this week, with hearings timed to CPI and PPI releases. Markets see a 70% chance of a rate hike by September, while Warsh avoids forward guidance and stresses internal debate. Inflation drivers include energy, tariffs, and AI demand; Fed independence and AI task forces also on the agenda.

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Fed Chair Warsh Heads to Congress as CPI, Rate Decisions Hang in the Balance