Federal Reserve Chairman Kevin Warsh declined to give guidance about the central bank's next decision on interest rates but did give a potential hint by saying inflation is running too high.
"We're all in the price stability business, that might not be our only business, but if there was a common thing I heard over the last couple of days, it was open-mindedness on these questions of AI, open-mindedness on productivity, but we've all looked around, and we've seen that prices are too high," Warsh told CNBC during a forum held by the European Central Bank in Portugal.