Warsh Says Fed Does Not Have Effect On Particular Prices -- Market Talk
Dow Jones04:15
1615 ET - During the press conference as the new Fed chairman, Kevin Warsh said that the Fed has no effect on particular prices, such as oil and the price of milk at the grocery store. However,Warsh noted that the central bank could commit to controlling any secondary effects of price increases. Warsh also reiterated that inflation is a choice. Inflation has remained above the Fed's target for several years, and Warsh announced the incoming inflation task force will examine inflation management.(jessica.coacci@wsj.com)
(END) Dow Jones Newswires
June 17, 2026 16:15 ET (20:15 GMT)
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