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Euronews
Euronews
Quirino Mealha

Warsh flags inflation concerns as he rejects Fed forward guidance

Marking his 100th day in the job, Federal Reserve Chair Kevin Warsh told the Kansas City Fed's symposium in Wyoming that the US economy has strengthened rather than weakened under recent shocks, that the labour market is consistent with full employment, and that inflation remains the central bank's dominant concern.

Warsh declined to say what he would do next month, but he removed most of the arguments against acting and bolstered the ones in favour of a rate hike.

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