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Fed Chair Warsh (Q&A): if inflation continues to be elevated through the forecast period, interest rates could well be part of fixing that

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Fed Chair Warsh maintained rates at 3.50-3.75% but warned that persistent inflation may necessitate future hikes, as three dissenting members already favored an immediate increase amid heightened market volatility.

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We will not tolerate a higher inflation target.  Will deliver price stability.

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