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Warsh signals US Fed may need to raise rates if above-target infl

A Faint Whiff of Hawkishness: What's Behind Warsh's Shift on Inflation? Federal Reserve Chairman Kevin Warsh has long been associated with dovish views.

However, his recent remarks at the Jackson Hole symposium indicated a subtle shift in stance.

When discussing the Fed's dual mandate and inflation targets, Warsh suggested that rate hikes might be necessary to address above target price pressures.

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