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Fed Chair Warsh Reaffirms 2% Inflation Target, Refuses Hawk Label on July 1

2026-07-03 02:33:19

On July 1, Federal Reserve Chair Kevin Warsh stated at the European Central Bank Forum that the U.S. economy has solid demand and strong supply. Rejecting a question about whether he holds a hawkish stance, Warsh reaffirmed that the Fed will not tolerate inflation above 2% and remains committed to price stability, despite recent declines in inflation expectations and risks.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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