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Fed chairman Warsh faces a rapid inflation credibility test after Congress

Reported · Written up by our desk · Central Banks

CNBC Markets reports that the newly appointed Fed chairman, John Warsh, navigated two days of testimony before the House and Senate without major missteps. The outlet frames the next phase as a fast credibility check focused on inflation and the Fed's commitment to price stability.

According to CNBC Markets, Warsh's performance in congressional hearings will be followed quickly by an inflation-related test, highlighting the stakes for how markets interpret the central bank's priorities.

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