Warsh testifies Fed has 'no tolerance' for high inflation
Kevin Warsh testified before Congress Tuesday for the first time since becoming chair at the Federal Reserve, vowing that the central bank has "no tolerance"
Kevin Warsh testified before Congress Tuesday for the first time since becoming chair at the Federal Reserve, vowing that the central bank has "no tolerance" for high inflation.
His appearance coincided with the Consumer Price Index, which showed inflation slowed to 3.5% in June. Peter Earle with the American Institute for Economic Research joins LiveNOW's Anna Marsick to discuss.
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