Kevin Warsh, chair of the US Federal Reserve, gave his first speech at the central bank's annual conference as president on Friday. In the speech, Warsh acknowledged that inflation remains too high in the United States, describing it as "concerning."
The Fed chair left open the possibility of an interest rate hike in the coming months, signaling that the institution is willing to tighten monetary policy to combat inflation.
This speech marks Kevin Warsh's first appearance at the Federal Reserve's annual conference since taking the helm of the US central bank.
