Fed Chair Warsh says U.S. prices "too high," announces task forces to review monetary policy, inflation frameworks and balance sheet at ECB Forum in Sintra, Portugal.
U.S. Federal Reserve Chair Kevin Warsh said at the European Central Bank Forum in Sintra, Portugal, that "prices are too high" in the United States and announced the Fed is establishing task forces to review monetary policy communications, economic data, productivity, inflation frameworks and balance sheet policy. He declined to indicate whether the Fed would raise rates at its July meeting and said the central bank would not provide forward guidance.
Quick reaction
One tap helps tune what we surface next.
Reader discussion
Public commentsNo comments yet. Start the discussion around this signal.
Follow this signal
Get updates on this story
We will email you if this changes materially. No spam. Daily brief optional.
Map context
Open map near Portugal
Keep the story in context with nearby live signals, countries, and category movement.
Related coverage
More story pages
Volkswagen examines sale of Audi's 8.33% stake in FC Bayern München and reviews Porsche's VfB Stuttgart stake in austerity drive ahead of July 9 board vote on plan to cut 100,000 jobs
Volkswagen is examining the sale of Audi's 8.33% stake in FC Bayern München and reviewing Porsche's stake in VfB Stuttgart as part of a major austerity programme, ahead of a supervisory board vote on July 9 on a plan to cut 100,000 jobs, according to CORRECTIV.
Bank of EnglandBailey says rate cuts are off the table at the moment, signaling a hold on monetary easing amid persistent inflation concerns.
Bailey: Rate cuts off the table at the moment.
IMF cuts Israel's 2026 growth forecast to 3.5% from 4.8%, citing Middle East tensions and labor shortages from reservist call-ups. Inflation expected to rise short-term on supply constraints and energy prices.
The International Monetary Fund has lowered its forecast for Israel's economic growth in 2026 to 3.5 percent, down from its previous 4.8 percent estimate, citing rising Middle East tensions, ongoing fighting, labor shortages from reservist duty, and supply constraints.
Treasury announces Trump account contributions to be invested in SPY, IVV, VTI, SPTM and ITOT ETFs as stock market frequently hits new highs
Treasury announces contributions to Trump accounts will be invested in SPY, IVV, VTI, SPTM and ITOT ETFs as the stock market frequently hits new highs.
More live signals
Continue with the live feed.
The fastest nearby updates load from the public feed, not the enriched story endpoint.