Federal Reserve Chair Kevin Warsh reiterated his commitment to restoring price stability in his first semiannual testimony before Congress, but stopped well short of offering any clues on the near-term interest rate outlook. Speaking just hours after June CPI came in much softer than expected, Warsh repeated that the Fed’s “number one objective is to […]The post Fed’s Warsh: ‘No Tolerance’ for High Inflation, but Avoids Policy Signals appeared first on ActionForex.