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Fed’s July meeting puts pressure on chair to lift rates

The central bank chair, Kevin M. Warsh, is set to preside over his second meeting amid persistent elevated inflation.

Reported · Written up by our desk · Central Banks

The upcoming Federal Reserve meeting in July is drawing attention as Kevin M. Warsh takes the chair for his second meeting, according to a Business report from The New York Times.

The outlet said Warsh is facing pressure to raise interest rates because inflation remains elevated, a key factor likely to shape the central bank’s policy direction at the gathering.

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