Verified sources.
Clear updates.
Federal Reserve chairman Kevin Warsh spoke to a gathering of economists and central bankers at the Jackson Lake Lodge in Wyoming Friday. Natalie Behring/Getty Images North America hide caption Federal Reserve chairman Kevin Warsh remains tight-lipped about where he thinks interest rates are heading — but investors took his tough talk about inflation at a closely-watched speech on Friday as a signal that rates are likely to go higher. Speaking from Jackson Hole, Wyo., Warsh argued that the labor market is stable, investment is strong and consumer spending is resilient. But he also noted that prices are still climbing faster than the central bank — and most people — would like. The consumer price index shows prices have risen 3.4% over the twelve months ending in July, while the Fed's preferred measure puts inflation at 3.7% during that period. "None of these measures are perfect," Warsh said. "But they all tell a similar story: Inflation is running above our 2% target.
Missing media or need the complete publisher report? Open NPR News
Media link supplied by the Scoop Newsroom app.
The text below was supplied by the Scoop Newsroom app. Third-party reporting is attributed in the source panel.
No additional independently verified detail is available beyond the summary above. The original reporting remains linked in the source panel.
Breaking news moves fast. Follow @Will466513 on X for breaking news alerts. Follow on X →
Dated changes to this report are shown here as they are published.
Removed by Scoop Timeline eligibility policy
Federal Reserve chairman Kevin Warsh spoke to a gathering of economists and central bankers at the Jackson Lake Lodge in Wyoming Friday. Natalie Behring/Getty Images North America hide caption Federal Reserve chairman Kevin Warsh remains tight-lipped about where he thinks interest rates are heading — but investors took his tough talk about inflation at a closely-watched speech on Friday as a signal that rates are likely to go higher. Speaking from Jackson Hole, Wyo., Warsh argued that the labor market is stable, investment is strong and consumer spending is resilient. But he also noted that prices are still climbing faster than the central bank — and most people — would like. The consumer price index shows prices have risen 3.4% over the twelve months ending in July, while the Fed's preferred measure puts inflation at 3.7% during that period. "None of these measures are perfect," Warsh said. "But they all tell a similar story: Inflation is running above our 2% target.
Removed by Scoop Timeline eligibility policy
Federal Reserve chairman Kevin Warsh spoke to a gathering of economists and central bankers at the Jackson Lake Lodge in Wyoming Friday. Natalie Behring/Getty Images North America hide caption Federal Reserve chairman Kevin Warsh remains tight-lipped about where he thinks interest rates are heading — but investors took his tough talk about inflation at a closely-watched speech on Friday as a signal that rates are likely to go higher. Speaking from Jackson Hole, Wyo., Warsh argued that the labor market is stable, investment is strong and consumer spending is resilient. But he also noted that prices are still climbing faster than the central bank — and most people — would like. The consumer price index shows prices have risen 3.4% over the twelve months ending in July, while the Fed's preferred measure puts inflation at 3.7% during that period. "None of these measures are perfect," Warsh said. "But they all tell a similar story: Inflation is running above our 2% target.
Removed by Scoop Timeline eligibility policy
Federal Reserve chairman Kevin Warsh spoke to a gathering of economists and central bankers at the Jackson Lake Lodge in Wyoming Friday. Natalie Behring/Getty Images North America hide caption Federal Reserve chairman Kevin Warsh remains tight-lipped about where he thinks interest rates are heading — but investors took his tough talk about inflation at a closely-watched speech on Friday as a signal that rates are likely to go higher. Speaking from Jackson Hole, Wyo., Warsh argued that the labor market is stable, investment is strong and consumer spending is resilient. But he also noted that prices are still climbing faster than the central bank — and most people — would like. The consumer price index shows prices have risen 3.4% over the twelve months ending in July, while the Fed's preferred measure puts inflation at 3.7% during that period. "None of these measures are perfect," Warsh said. "But they all tell a similar story: Inflation is running above our 2% target.
Removed by Scoop Timeline eligibility policy
Federal Reserve chairman Kevin Warsh spoke to a gathering of economists and central bankers at the Jackson Lake Lodge in Wyoming Friday. Natalie Behring/Getty Images North America hide caption Federal Reserve chairman Kevin Warsh remains tight-lipped about where he thinks interest rates are heading — but investors took his tough talk about inflation at a closely-watched speech on Friday as a signal that rates are likely to go higher. Speaking from Jackson Hole, Wyo., Warsh argued that the labor market is stable, investment is strong and consumer spending is resilient. But he also noted that prices are still climbing faster than the central bank — and most people — would like. The consumer price index shows prices have risen 3.4% over the twelve months ending in July, while the Fed's preferred measure puts inflation at 3.7% during that period. "None of these measures are perfect," Warsh said. "But they all tell a similar story: Inflation is running above our 2% target.
Removed by Scoop Timeline eligibility policy
Federal Reserve chairman Kevin Warsh spoke to a gathering of economists and central bankers at the Jackson Lake Lodge in Wyoming Friday. Natalie Behring/Getty Images North America hide caption Federal Reserve chairman Kevin Warsh remains tight-lipped about where he thinks interest rates are heading — but investors took his tough talk about inflation at a closely-watched speech on Friday as a signal that rates are likely to go higher. Speaking from Jackson Hole, Wyo., Warsh argued that the labor market is stable, investment is strong and consumer spending is resilient. But he also noted that prices are still climbing faster than the central bank — and most people — would like. The consumer price index shows prices have risen 3.4% over the twelve months ending in July, while the Fed's preferred measure puts inflation at 3.7% during that period. "None of these measures are perfect," Warsh said. "But they all tell a similar story: Inflation is running above our 2% target.
Removed by Scoop Timeline eligibility policy
Federal Reserve chairman Kevin Warsh spoke to a gathering of economists and central bankers at the Jackson Lake Lodge in Wyoming Friday. Natalie Behring/Getty Images North America hide caption Federal Reserve chairman Kevin Warsh remains tight-lipped about where he thinks interest rates are heading — but investors took his tough talk about inflation at a closely-watched speech on Friday as a signal that rates are likely to go higher. Speaking from Jackson Hole, Wyo., Warsh argued that the labor market is stable, investment is strong and consumer spending is resilient. But he also noted that prices are still climbing faster than the central bank — and most people — would like. The consumer price index shows prices have risen 3.4% over the twelve months ending in July, while the Fed's preferred measure puts inflation at 3.7% during that period. "None of these measures are perfect," Warsh said. "But they all tell a similar story: Inflation is running above our 2% target.
Removed by Scoop Timeline eligibility policy
Federal Reserve chairman Kevin Warsh spoke to a gathering of economists and central bankers at the Jackson Lake Lodge in Wyoming Friday. Natalie Behring/Getty Images North America hide caption Federal Reserve chairman Kevin Warsh remains tight-lipped about where he thinks interest rates are heading — but investors took his tough talk about inflation at a closely-watched speech on Friday as a signal that rates are likely to go higher. Speaking from Jackson Hole, Wyo., Warsh argued that the labor market is stable, investment is strong and consumer spending is resilient. But he also noted that prices are still climbing faster than the central bank — and most people — would like. The consumer price index shows prices have risen 3.4% over the twelve months ending in July, while the Fed's preferred measure puts inflation at 3.7% during that period. "None of these measures are perfect," Warsh said. "But they all tell a similar story: Inflation is running above our 2% target.
Removed by Scoop Timeline eligibility policy
Federal Reserve chairman Kevin Warsh spoke to a gathering of economists and central bankers at the Jackson Lake Lodge in Wyoming Friday. Natalie Behring/Getty Images North America hide caption Federal Reserve chairman Kevin Warsh remains tight-lipped about where he thinks interest rates are heading — but investors took his tough talk about inflation at a closely-watched speech on Friday as a signal that rates are likely to go higher. Speaking from Jackson Hole, Wyo., Warsh argued that the labor market is stable, investment is strong and consumer spending is resilient. But he also noted that prices are still climbing faster than the central bank — and most people — would like. The consumer price index shows prices have risen 3.4% over the twelve months ending in July, while the Fed's preferred measure puts inflation at 3.7% during that period. "None of these measures are perfect," Warsh said. "But they all tell a similar story: Inflation is running above our 2% target.
Removed by Scoop Timeline eligibility policy
Federal Reserve chairman Kevin Warsh spoke to a gathering of economists and central bankers at the Jackson Lake Lodge in Wyoming Friday. Natalie Behring/Getty Images North America hide caption Federal Reserve chairman Kevin Warsh remains tight-lipped about where he thinks interest rates are heading — but investors took his tough talk about inflation at a closely-watched speech on Friday as a signal that rates are likely to go higher. Speaking from Jackson Hole, Wyo., Warsh argued that the labor market is stable, investment is strong and consumer spending is resilient. But he also noted that prices are still climbing faster than the central bank — and most people — would like. The consumer price index shows prices have risen 3.4% over the twelve months ending in July, while the Fed's preferred measure puts inflation at 3.7% during that period. "None of these measures are perfect," Warsh said. "But they all tell a similar story: Inflation is running above our 2% target.
Removed by Scoop Timeline eligibility policy
Federal Reserve chairman Kevin Warsh spoke to a gathering of economists and central bankers at the Jackson Lake Lodge in Wyoming Friday. Natalie Behring/Getty Images North America hide caption Federal Reserve chairman Kevin Warsh remains tight-lipped about where he thinks interest rates are heading — but investors took his tough talk about inflation at a closely-watched speech on Friday as a signal that rates are likely to go higher. Speaking from Jackson Hole, Wyo., Warsh argued that the labor market is stable, investment is strong and consumer spending is resilient. But he also noted that prices are still climbing faster than the central bank — and most people — would like. The consumer price index shows prices have risen 3.4% over the twelve months ending in July, while the Fed's preferred measure puts inflation at 3.7% during that period. "None of these measures are perfect," Warsh said. "But they all tell a similar story: Inflation is running above our 2% target.
Removed by Scoop Timeline eligibility policy
Federal Reserve chairman Kevin Warsh spoke to a gathering of economists and central bankers at the Jackson Lake Lodge in Wyoming Friday. Natalie Behring/Getty Images North America hide caption Federal Reserve chairman Kevin Warsh remains tight-lipped about where he thinks interest rates are heading — but investors took his tough talk about inflation at a closely-watched speech on Friday as a signal that rates are likely to go higher. Speaking from Jackson Hole, Wyo., Warsh argued that the labor market is stable, investment is strong and consumer spending is resilient. But he also noted that prices are still climbing faster than the central bank — and most people — would like. The consumer price index shows prices have risen 3.4% over the twelve months ending in July, while the Fed's preferred measure puts inflation at 3.7% during that period. "None of these measures are perfect," Warsh said. "But they all tell a similar story: Inflation is running above our 2% target.
Removed by Scoop Timeline eligibility policy
Federal Reserve chairman Kevin Warsh spoke to a gathering of economists and central bankers at the Jackson Lake Lodge in Wyoming Friday. Natalie Behring/Getty Images North America hide caption Federal Reserve chairman Kevin Warsh remains tight-lipped about where he thinks interest rates are heading — but investors took his tough talk about inflation at a closely-watched speech on Friday as a signal that rates are likely to go higher. Speaking from Jackson Hole, Wyo., Warsh argued that the labor market is stable, investment is strong and consumer spending is resilient. But he also noted that prices are still climbing faster than the central bank — and most people — would like. The consumer price index shows prices have risen 3.4% over the twelve months ending in July, while the Fed's preferred measure puts inflation at 3.7% during that period. "None of these measures are perfect," Warsh said. "But they all tell a similar story: Inflation is running above our 2% target.
Removed by Scoop Timeline eligibility policy
Federal Reserve chairman Kevin Warsh spoke to a gathering of economists and central bankers at the Jackson Lake Lodge in Wyoming Friday. Natalie Behring/Getty Images North America hide caption Federal Reserve chairman Kevin Warsh remains tight-lipped about where he thinks interest rates are heading — but investors took his tough talk about inflation at a closely-watched speech on Friday as a signal that rates are likely to go higher. Speaking from Jackson Hole, Wyo., Warsh argued that the labor market is stable, investment is strong and consumer spending is resilient. But he also noted that prices are still climbing faster than the central bank — and most people — would like. The consumer price index shows prices have risen 3.4% over the twelve months ending in July, while the Fed's preferred measure puts inflation at 3.7% during that period. "None of these measures are perfect," Warsh said. "But they all tell a similar story: Inflation is running above our 2% target.
Removed by Scoop Timeline eligibility policy
Federal Reserve chairman Kevin Warsh spoke to a gathering of economists and central bankers at the Jackson Lake Lodge in Wyoming Friday. Natalie Behring/Getty Images North America hide caption Federal Reserve chairman Kevin Warsh remains tight-lipped about where he thinks interest rates are heading — but investors took his tough talk about inflation at a closely-watched speech on Friday as a signal that rates are likely to go higher. Speaking from Jackson Hole, Wyo., Warsh argued that the labor market is stable, investment is strong and consumer spending is resilient. But he also noted that prices are still climbing faster than the central bank — and most people — would like. The consumer price index shows prices have risen 3.4% over the twelve months ending in July, while the Fed's preferred measure puts inflation at 3.7% during that period. "None of these measures are perfect," Warsh said. "But they all tell a similar story: Inflation is running above our 2% target.
Removed by Scoop Timeline eligibility policy
Federal Reserve chairman Kevin Warsh spoke to a gathering of economists and central bankers at the Jackson Lake Lodge in Wyoming Friday. Natalie Behring/Getty Images North America hide caption Federal Reserve chairman Kevin Warsh remains tight-lipped about where he thinks interest rates are heading — but investors took his tough talk about inflation at a closely-watched speech on Friday as a signal that rates are likely to go higher. Speaking from Jackson Hole, Wyo., Warsh argued that the labor market is stable, investment is strong and consumer spending is resilient. But he also noted that prices are still climbing faster than the central bank — and most people — would like. The consumer price index shows prices have risen 3.4% over the twelve months ending in July, while the Fed's preferred measure puts inflation at 3.7% during that period. "None of these measures are perfect," Warsh said. "But they all tell a similar story: Inflation is running above our 2% target.
Removed by Scoop Timeline eligibility policy
